Economic feasibility of a wind-battery system in the electricity market with the fluctuation penalty
Xiao Xu, Weihao Hu, Di Cao, Qi Huang, Wen Liu, Cong Chen, Henrik Lund, Zhe Chen
Topics & Concepts
ElectricityElectricity marketSpot contractSizingRevenueGridWind powerSpot marketSubsidyRenewable energyEnvironmental economicsComputer scienceBusinessEconomicsElectrical engineeringFinanceEngineeringMarket economyMathematicsGeometryVisual artsArtFutures contractIntegrated Energy Systems OptimizationElectric Power System OptimizationSmart Grid Energy Management