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RENEWABLES & STO RAG E OPTIMIZATION TOOL FOR MUITI-SERVICE MARKET PARTICIPATION

The chal(en9e: As supporting mechanisms for wind and sotar electricity generation reduce. the iransition of renewables into a market only based revenues is challenging the way they capture revenue streams. Simultaneously, the combination of renewables with energy storage Solutions is seen as a valuable help in the transition into a market only environment.

HOW W£ ADORESS THE CHALLENGE

R&b Nester dmtoped a tool that slmuUtes and analyses the partiapatkin of wind and sotar powcr gcncrat-on In electricity markets wfthout subsidies or priorrty dispatch. The tool atso ęuantifies the impact of the forecaM error on the revenues due to market penalties, Additionally. there is a module dedkated to the Impact of deptoying muttl-servlce energy storage Systems to mltlgate the inve$tment rlsk on PV perwer plants, accounting for the partldpotlen of these hytorid units In secondary and tertiary regulation secrices. thus providhg additional revenoe streams.

Wth this tool. rencwable energy producersAnuestors can analyse their market e<posur« as weU as coosider the effect of availeble energy storage Solutions to minimize the risk and capture additional reyenoes.

Releyant Publications

•    "Sning and stcirę dispcrscd cncrgy stccagc In pcv,cr transmlssion networks*. ICCt IMSC 2015. CA USA

•    'Market Wegratkn cf renewaWe* and mulU-senke sto'age apptCMkrtS*. IEEE PESIS6T EUROPC 2017. ITALY

Contact Us

R&D

NESTER

CREATING A SMART CNERGYFUTUftC

Bus Cldsdc de Goa. 4-11. 25SS-038 Secmfau Portugal TcU *351210011303 Fa«.: *351 210011 710 tmsłl: lnfoCPrenester.com Web: www.rd-iesr.er.com

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