Developing the Appropriate Framework of Energy Storage Systems’ Participation in Flexible Ramping Market Considering the Improvement of System Reliability, M.Sc. Thesis Sharif University of Technology ; Fotuhi-Firuzabad, Mahmoud (Supervisor)
Abstract
The penetration of renewable energies in generation section of power systems caused many issues and challenges for planners, operators and decision makers. One significant challenge is the uncertainty and variability of this type of generation, which must be properly covered; otherwise it would lead to wide load and supply curtailments. In this regard, some system operators introduced a new product, named Flexible Ramping Product (FRP) to their markets. FRP is the ramp capability of market participants which is reserved to cover the uncertainty and variability of net load (load minus intermittent supply) at next market time-interval of real-time market. With this in mind, the energy storage...
Cataloging briefDeveloping the Appropriate Framework of Energy Storage Systems’ Participation in Flexible Ramping Market Considering the Improvement of System Reliability, M.Sc. Thesis Sharif University of Technology ; Fotuhi-Firuzabad, Mahmoud (Supervisor)
Abstract
The penetration of renewable energies in generation section of power systems caused many issues and challenges for planners, operators and decision makers. One significant challenge is the uncertainty and variability of this type of generation, which must be properly covered; otherwise it would lead to wide load and supply curtailments. In this regard, some system operators introduced a new product, named Flexible Ramping Product (FRP) to their markets. FRP is the ramp capability of market participants which is reserved to cover the uncertainty and variability of net load (load minus intermittent supply) at next market time-interval of real-time market. With this in mind, the energy storage...
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