Derivation of Intertemporal Targets for Large Pumped Hydro Energy Storage With Stochastic Optimization

@article{Deane2013DerivationOI,
  title={Derivation of Intertemporal Targets for Large Pumped Hydro Energy Storage With Stochastic Optimization},
  author={John Paul Deane and E. J. McKeogh and Brian P.{\'O} Gallach{\'o}ir},
  journal={IEEE Transactions on Power Systems},
  year={2013},
  volume={28},
  pages={2147-2155}
}
This paper models large pumped hydro energy storage in a future power system where variable generation, primarily in the form of wind generation, is the dominant source of power generation. The research question posed is how to formulate day-ahead and week-ahead reservoir targets for pumped hydro energy storage in the context of wind forecast uncertainty. The innovation in the work is the use of historical wind data series and wind forecasts to derive a management strategy for the operation of… CONTINUE READING
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