Study on energy storage system investment decision based on real option theory

X Xiu, B Li - … Conference on Sustainable Power Generation and …, 2012 - ieeexplore.ieee.org
Issues of load peak-valley difference, security and stability of power system, as well as large-
scale development and utilization of renewable energy represented of wind and solar …

[HTML][HTML] Economic Feasibility of Energy Storage System connected with Solar/Wind Power Generation

YB Lee, JH Kim - Journal of Energy Engineering, 2015 - koreascience.kr
Currently, the government is encouraging the introduction of energy storage system to
reduce carbon emissions and peak power demand. The government is planning the …

Real Option 모형을활용한풍력발전에너지저장장치추가의최적투자분석

문용마 - 경영과학, 2019 - dbpia.co.kr
This paper proposes areal option model to analyze optimal investment time to adopt an
energy storage system (ESS) for wind power systems. Using the suggested model, we can …

Photovoltaic power generation investment decision-making framework based on real options theory

S Fang, J Liu, M Liu, Z Zhang… - Applied Mechanics and …, 2013 - Trans Tech Publ
In the new electricity market environment, PV project investment faces more investment
risks. For photovoltaic power generation characteristics of the project and with the integrated …

Decision-making model of generation technology under uncertainty based on real option theory

Z Ming, Z Ping, Y Shunkun, Z Ge - Energy Conversion and Management, 2016 - Elsevier
The introduction of market competition and the increased uncertainty factors makes the
generators have to decide not only on whether to invest generation capacity or not but also …

Policy Requirements and Economic Affordability of Energy Storage for New Energy

S Zhiyong, W Caixia, C Ning… - 2022 6th International …, 2022 - ieeexplore.ieee.org
The allocation of energy storage has become a necessary condition for the development
and construction of new energy power stations in some provinces. The deployment of …

Research on the control strategy of large-scale wind power energy storage system

L Weihua, F Songqi, G Weichun… - IEEE PES innovative …, 2012 - ieeexplore.ieee.org
Different from conventional generators, wind power is an intermittent energy source, power
system dispatch and control is confronted with new challenges. This paper establish the …

Power system equipments investment decision-making under uncertainty: A real options approach

SB Yaakob, J Watada - … Technologies: Proceedings of the Second KES …, 2010 - Springer
Power supply failures have caused major social losses in the information society in the
present age. Such a loss is estimated up to approximately two trillion yen when a large …

The optimal capacity determination method of energy storage system with different applications in wind farm

T Yang - 2016 IEEE PES Asia-Pacific Power and Energy …, 2016 - ieeexplore.ieee.org
The intermittence and variability of wind power generation present sustainable challenges
for power system's dispatch and steady operation. In the future it may be a main way to …

Capacity optimization configuration of wind farm energy storage system based on life cycle economic analysis

X Zhu, Y Wang, Y Yu, J Liang, T Zhou… - 2019 IEEE 3rd …, 2019 - ieeexplore.ieee.org
Wind farms have large fluctuations in grid connection, imbalance between supply and
demand, etc. In order to solve the above problems, this paper studies the capacity …