[article]
| Titre : |
Machine concept optimization for pumped-storage plants through combined dispatch simulation for wholesale and reserve markets |
| Type de document : |
texte imprimé |
| Auteurs : |
Klaus Engels, Auteur ; Michaela Harasta, Auteur ; Werner Braitsch, Auteur |
| Année de publication : |
2012 |
| Article en page(s) : |
pp. 37-43 |
| Note générale : |
Hydraulique |
| Langues : |
Anglais (eng) |
| Mots-clés : |
Pumped-storage plant Combined wholesale market Reserve Simulation Optimized dispatch Machine concept Portfolio effect Plant flexibility Economic evaluation Investment decision |
| Résumé : |
In Germany’s energy markets of today, pumped-storage power plants offer excellent business opportunities due to their outstanding flexibility. However, the energy-economic simulation of pumped-storage plants, which is necessary to base the investment decision on a sound business case, is a highly complex matter since the plant’s capacity must be optimized in a given plant portfolio and between two relevant markets : the scheduled wholesale and the reserve market. This mathematical optimization problem becomes even more complex when the question is raised as to which type of machine should be used for a pumped-storage new build option.
For the first time, it has been proven possible to simulate the optimum dispatch of different pumped-storage machine concepts within two relevant markets – the scheduled wholesale and the reserve market – thereby greatly supporting the investment decision process. The methodology and findings of a cooperation study between E.ON and RWTH Aachen University in respect of the German pumped-storage extension project “Waldeck 2+” are described, showing the latest development in dispatch simulation for generation portfolios. |
| ISSN : |
0018-6368 |
| En ligne : |
http://www.shf-lhb.org/index.php?option=com_article&access=standard&Itemid=129&u [...] |
in La Houille blanche > N° 3 (Juin 2012) . - pp. 37-43
[article] Machine concept optimization for pumped-storage plants through combined dispatch simulation for wholesale and reserve markets [texte imprimé] / Klaus Engels, Auteur ; Michaela Harasta, Auteur ; Werner Braitsch, Auteur . - 2012 . - pp. 37-43. Hydraulique Langues : Anglais ( eng) in La Houille blanche > N° 3 (Juin 2012) . - pp. 37-43
| Mots-clés : |
Pumped-storage plant Combined wholesale market Reserve Simulation Optimized dispatch Machine concept Portfolio effect Plant flexibility Economic evaluation Investment decision |
| Résumé : |
In Germany’s energy markets of today, pumped-storage power plants offer excellent business opportunities due to their outstanding flexibility. However, the energy-economic simulation of pumped-storage plants, which is necessary to base the investment decision on a sound business case, is a highly complex matter since the plant’s capacity must be optimized in a given plant portfolio and between two relevant markets : the scheduled wholesale and the reserve market. This mathematical optimization problem becomes even more complex when the question is raised as to which type of machine should be used for a pumped-storage new build option.
For the first time, it has been proven possible to simulate the optimum dispatch of different pumped-storage machine concepts within two relevant markets – the scheduled wholesale and the reserve market – thereby greatly supporting the investment decision process. The methodology and findings of a cooperation study between E.ON and RWTH Aachen University in respect of the German pumped-storage extension project “Waldeck 2+” are described, showing the latest development in dispatch simulation for generation portfolios. |
| ISSN : |
0018-6368 |
| En ligne : |
http://www.shf-lhb.org/index.php?option=com_article&access=standard&Itemid=129&u [...] |
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