Component Sizing of an utility scale hybrid power plant.

Abstract

A Hybrid Power Plant combining wind and solar generators with battery energy storage system is analyzed in this paper. The objective is to determine the rated capacities of the technologies which yield the maximum revenue stream while ensuring a feasible investment. Therefore, a mathematical model to maximize the Net Present Value is implemented which is applied for a realistic case study of a peak power plant in India.

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Das, Kaushik, Cossu, A, Murcia Leon, JP, and Sørensen, PE. Component Sizing of an utility scale hybrid power plant. In: Hybrid Power Systems Workshop, 2022. Energynautics GmbH.

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Tags: Sizing, Hybrid Power Plants, Optimization, Surrogate based modeling, Market Participation