An Arbitrage Study with Wind-Solar-BESS Hybrid Power Plant

Abstract

Today, the demand for energy is increasing due to reasons such as technological advancements, population growth, industrialization, and globalization. The insufficiency and exhaustibility of fossil resources are enhancing the use and importance of renewable energy sources. Hybrid energy systems have been developed to make better use of renewable energy sources. Solutions that effectively employ several sources are known as hybrid systems. In many areas with sufficient potential for wind and solar energy, the implementation of hybrid energy systems is of great importance. In this study, under the conditions in Türkiye, scenarios will be examined in which a BESS is installed in a wind-solar hybrid power plant. The scenarios involve storing energy during hours when energy prices are low and selling both the production from the hybrid plant and the energy stored in the BESS to the electricity market during hours when energy prices are high. It is shown that, with the help of the BESS energy storage systems, hybrid power plant profit is increasing.

Keywords

• energy arbitrage
• BESS
• energy storage
• hybrid energy systems

Kaynakça

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