PV & Storage
Application
Three Solar and Storage sites that participate in the day-ahead variable prices energy market
Challenge
The primary goals were to maximize energy storage revenues, optimize energy generation dispatch, minimize penalties due to unforeseen climate and grid events, reduce battery degradation, and improve plant operational efficiency.
Solution
- A powerful techno-economic solution for a day-ahead half-hourly generation forecasting and revenue optimization for market participation
- Real-time optimization, monitoring, analysis performance simulation, degradation assessment, cost evaluation, and revenue maximization
- Assessment of the physical and financial impacts of a PV + Storage plant dispatch strategy
- Optimization for the day-ahead