Optimal revenue strategies for hybrid power plants in the Dutch wholesale energy market
31 augustus 2022 09:30 t/m 01 september 2022 14:29 - Locatie: Timmanzaal LB01.150 - Door: DCE&S | Zet in mijn agenda
MSc thesis of Maria De Eusebio
This research proposed a a Mixed Integer Linear Optimization dispatch to maximize the profits earned in the Dutch wholesale energy market by a hybrid power plant with non-controllable energy sources and a Lithium-iron battery Energy Storage System. The optimized dispatch was contrasted with a price benchmark-based non-optimized strategy. The optimized dispatch performed better in every aspect, including total revenue earned and the economic outlook of the plant.