Evaluating Mid-term Storage Technology to Enhance Flexibility in a Renewable Offshore Hybrid Power System
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Abstract
This thesis presents a thorough exploration of mid-term storage strategies aimed at enhancing flexibility in hybrid offshore power systems that integrate wind and solar energy. A multi-criteria analysis was employed to identify the most suitable storage technologies for medium-term applications, resulting in the selection of Compressed Air Energy Storage (CAES), Lithium-ion batteries, and Lead-acid batteries as the top three candidates.
A specific study area, already equipped with offshore wind turbines, was selected for this research. Weather data were obtained and analyzed to reduce power mismatches and their associated costs. A multi-objective optimization approach was applied, focusing on minimizing the hourly loss of load and total capital costs associated with the hybrid renewable energy system.
In the base case scenario examined, which comprised 100% wind power, CAES emerged as the storage technology with the lowest total capital cost. However, by varying the proportions of offshore wind and solar energy, it was found that adjusting the mix to 80% offshore wind and 20% solar led to a significant reduction in the annual loss of load, thus reducing the total capital cost of the renewable hybrid system.