The value of storage in securing reliability and mitigating risk in energy systems

The value of storage in securing reliability and mitigating risk in energy systems

The paper examines the value of ramp-constrained storage in securing reliability and mitigating risk in energy systems with uncertain supply and demand, and friction in the main supply source. Reliability is defined as the expected discounted cost of energy deficits over an infinite horizon, whereas...

Full description

Bibliographic Details
Main Authors: ParandehGheibi, Ali (Contributor), Roozbehani, Mardavij (Contributor), Dahleh, Munther A. (Contributor), Ozdaglar, Asuman E. (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science (Contributor), Massachusetts Institute of Technology. Laboratory for Information and Decision Systems (Contributor), Massachusetts Institute of Technology. Research Laboratory of Electronics (Contributor)
Format: Article
Language:English
Published: Springer Berlin Heidelberg, 2016-06-14T21:20:45Z.
Subjects:
Article
Online Access:Get fulltext

Internet

Get fulltext

Similar Items