Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5001620 | The Electricity Journal | 2017 | 8 Pages |
Abstract
An analysis of 860 daily observations finds that rising renewable generation does not significantly diminish a pumped hydro storage system's daily operating profits from energy sales at the day-head and real-time market prices. The system, however, faces severely inadequate investment incentive because its annual operating profit can hardly pay for its annual fixed cost.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Y. Liu, C.K. Woo,