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Storage optimization in a liberalized energy market

TitleStorage optimization in a liberalized energy market
Publication TypeConference Paper
Year of Publication2009
AuthorsKádár, P.
Conference NameSAMI 2009
Date PublishedJanuary
Conference LocationHerl’any, Slovakia
Keywordsbusiness optimization, energy storage, fuel cell, pumped storage, PV, wind turbine
Abstract

The energy crisis requires more generation capability, and that is why the importance of the storage technologies increases. In the liberalized energy market the energy storage activity, this way of the “energy speculation” is welcome. In this paper a small scale buy-sale optimization strategy is investigated. In the Budapest Tech a model has been built in the renewable energy park. The strategy could be realized in practice by our small scale pumped storage hydro plant, Fuel cell, wind turbine and PV system.

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