A System Approach for Wind Power in Deregulated Electricity Markets
Nguyen Minh Y, Nguyen Minh Duc
Description
In this book, various problems of wind power and energy storage under market environments have been resolved. In deregulated industry, the electricity market was divided into submarkets for different services: (1) Markets for energy services and (2) Markets for frequency control. Accordingly, the economic operation of independent Battery Energy Storage System (BESS), and then combined Battery Wind Generation Systems (BWGS) in a real-time market have been presented. In addition, we have proposed a novel scheme for BES in order to reduce the cost of wind power assuming a frequency control market.
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