Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community
This paper presents a mathematical model for estimating the optimal sizing and assessing a standalone hybrid power system's performance entirely based on variable renewable energy sources and coupled with a hybrid energy storage system. This study evaluates how different levels of the main comp...
- Autores:
-
Canales, Fausto A.
Jurasz, Jakub K.
Guezgouz, Mohammed
Beluco, Alexandre
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2021
- Institución:
- Corporación Universidad de la Costa
- Repositorio:
- REDICUC - Repositorio CUC
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.cuc.edu.co:11323/8311
- Acceso en línea:
- https://hdl.handle.net/11323/8311
https://doi.org/10.1016/j.seta.2021.101062
https://repositorio.cuc.edu.co/
- Palabra clave:
- Hybrid power systems
Multi-objective optimization
Hybrid energy storage
Reliability
Energy management strategy
- Rights
- openAccess
- License
- Attribution-NonCommercial-NoDerivatives 4.0 International
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| dc.title.eng.fl_str_mv |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| title |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| spellingShingle |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community Hybrid power systems Multi-objective optimization Hybrid energy storage Reliability Energy management strategy |
| title_short |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| title_full |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| title_fullStr |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| title_full_unstemmed |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| title_sort |
Cost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community |
| dc.creator.fl_str_mv |
Canales, Fausto A. Jurasz, Jakub K. Guezgouz, Mohammed Beluco, Alexandre |
| dc.contributor.author.spa.fl_str_mv |
Canales, Fausto A. Jurasz, Jakub K. Guezgouz, Mohammed Beluco, Alexandre |
| dc.subject.eng.fl_str_mv |
Hybrid power systems Multi-objective optimization Hybrid energy storage Reliability Energy management strategy |
| topic |
Hybrid power systems Multi-objective optimization Hybrid energy storage Reliability Energy management strategy |
| description |
This paper presents a mathematical model for estimating the optimal sizing and assessing a standalone hybrid power system's performance entirely based on variable renewable energy sources and coupled with a hybrid energy storage system. This study evaluates how different levels of the main components' capital cost and the loss of power supply probability would affect the cost of energy and the power system's optimal sizing. The case study selected for this study was Ometepe Island in Nicaragua, where the crater lake of an extinct volcano was considered a feasible upper reservoir of a pumped storage hydropower plant, reducing the investments associated with this component. The mathematical formulation considers energy storage losses and gains, and the Pareto efficient solutions of the multi-objective optimization model simultaneously increase reliability, reduce the cost of energy, and minimize curtailment energy. By employing time-series with an hourly resolution, the model allows assessing the impact of the interannual variability of renewable energy sources on the system's performance. As for the case study, the cost of energy obtained from the model results ranges between €0.047/kWh and €0.095/kWh, based on international reference values, and these values match the information available in the literature and other databases. |
| publishDate |
2021 |
| dc.date.accessioned.none.fl_str_mv |
2021-06-01T00:31:20Z |
| dc.date.available.none.fl_str_mv |
2021-06-01T00:31:20Z |
| dc.date.issued.none.fl_str_mv |
2021 |
| dc.type.spa.fl_str_mv |
Artículo de revista |
| dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_2df8fbb1 |
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http://purl.org/coar/resource_type/c_6501 |
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Text |
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info:eu-repo/semantics/article |
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http://purl.org/redcol/resource_type/ART |
| dc.type.version.spa.fl_str_mv |
info:eu-repo/semantics/acceptedVersion |
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http://purl.org/coar/resource_type/c_6501 |
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acceptedVersion |
| dc.identifier.issn.spa.fl_str_mv |
2213-1388 |
| dc.identifier.uri.spa.fl_str_mv |
https://hdl.handle.net/11323/8311 |
| dc.identifier.doi.spa.fl_str_mv |
https://doi.org/10.1016/j.seta.2021.101062 |
| dc.identifier.instname.spa.fl_str_mv |
Corporación Universidad de la Costa |
| dc.identifier.reponame.spa.fl_str_mv |
REDICUC - Repositorio CUC |
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https://repositorio.cuc.edu.co/ |
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2213-1388 Corporación Universidad de la Costa REDICUC - Repositorio CUC |
| url |
https://hdl.handle.net/11323/8311 https://doi.org/10.1016/j.seta.2021.101062 https://repositorio.cuc.edu.co/ |
| dc.language.iso.none.fl_str_mv |
eng |
| language |
eng |
| dc.relation.references.spa.fl_str_mv |
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M.M.V. Cantarero Decarbonizing the transport sector: The Promethean responsibility of Nicaragua J Environ Manage, 245 (2019), pp. 311-321, 10.1016/j.jenvman.2019.05.109 B. Ceran Multi-criteria comparative analysis of clean hydrogen production scenarios Energies, 13 (2020), 10.3390/en13164180 Hydrogenics. Renewable Hydrogen Solutions 2018:18. <http://www.hydrogenics.com/wp-content/uploads/Renewable-Hydrogen-Brochure.pdf> [accessed September 9, 2020]. J. Proost State-of-the art CAPEX data for water electrolysers, and their impact on renewable hydrogen price settings Int J Hydrogen Energy, 44 (9) (2019), pp. 4406-4413, 10.1016/j.ijhydene.2018.07.164 A.A. Solomon, D. Bogdanov, C. Breyer Curtailment-storage-penetration nexus in the energy transition Appl Energy, 235 (2019), pp. 1351-1368, 10.1016/j.apenergy.2018.11.069 |
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Canales, Fausto A.e41c6afb65b9199cec43123f406ccbf5Jurasz, Jakub K.14e7c5fba4d68267cea3de52b5c9a6a0Guezgouz, Mohammed7e3ef2be4305cdefff7a828cb001927fBeluco, Alexandrebad89c3e6810eba1fdfead7993d40b792021-06-01T00:31:20Z2021-06-01T00:31:20Z20212213-1388https://hdl.handle.net/11323/8311https://doi.org/10.1016/j.seta.2021.101062Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/This paper presents a mathematical model for estimating the optimal sizing and assessing a standalone hybrid power system's performance entirely based on variable renewable energy sources and coupled with a hybrid energy storage system. This study evaluates how different levels of the main components' capital cost and the loss of power supply probability would affect the cost of energy and the power system's optimal sizing. The case study selected for this study was Ometepe Island in Nicaragua, where the crater lake of an extinct volcano was considered a feasible upper reservoir of a pumped storage hydropower plant, reducing the investments associated with this component. The mathematical formulation considers energy storage losses and gains, and the Pareto efficient solutions of the multi-objective optimization model simultaneously increase reliability, reduce the cost of energy, and minimize curtailment energy. By employing time-series with an hourly resolution, the model allows assessing the impact of the interannual variability of renewable energy sources on the system's performance. As for the case study, the cost of energy obtained from the model results ranges between €0.047/kWh and €0.095/kWh, based on international reference values, and these values match the information available in the literature and other databases.application/pdfengAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Sustainable Energy Technologies and Assessmentshttps://www.sciencedirect.com/science/article/abs/pii/S2213138821000722Hybrid power systemsMulti-objective optimizationHybrid energy storageReliabilityEnergy management strategyCost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island communityArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Textinfo:eu-repo/semantics/articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/acceptedVersionInternational Renewable Energy Agency Global renewables outlook: energy transformation 2050 IRENA, Abu Dhabi (2020)M.Z. 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Breyer Curtailment-storage-penetration nexus in the energy transition Appl Energy, 235 (2019), pp. 1351-1368, 10.1016/j.apenergy.2018.11.069ORIGINALCost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community.pdfCost-reliability analysis of hybrid pumped-battery storage for solar and wind energy integration in an island community.pdfapplication/pdf102382https://repositorio.cuc.edu.co/bitstream/11323/8311/1/Cost-reliability%20analysis%20of%20hybrid%20pumped-battery%20storage%20for%20solar%20and%20wind%20energy%20integration%20in%20an%20island%20community.pdfff75c4f9e47a3b51a034b9186fbb04afMD51open accessCC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-8805https://repositorio.cuc.edu.co/bitstream/11323/8311/2/license_rdf4460e5956bc1d1639be9ae6146a50347MD52open accessLICENSElicense.txtlicense.txttext/plain; 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