Imperial College London

ProfessorRichardGreen

Business School

Head of the Department of Economics and Public Policy
 
 
 
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Contact

 

+44 (0)20 7594 2611r.green Website CV

 
 
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Location

 

415City and Guilds BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@inproceedings{Geske:2016,
author = {Geske, J and Green, R},
pages = {524--529},
publisher = {IEEE},
title = {Optimal storage investment and management under uncertainty It is costly to avoid outages!},
url = {http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000390949700089&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202},
year = {2016}
}

RIS format (EndNote, RefMan)

TY  - CPAPER
AB - Subject of this analysis is to show how storage is operated optimally under renewable and load uncertainty in the electricity system context. We estimate a homogeneous Markov Chain representation of the residual load in Germany in 2014 on an hourly basis and design a very simple dynamic stochastic electricity system model with non-intermittent generation techno-logies and storage. We compare these results to perfect foresight findings and identify a significant over estimation of the storage potential under perfect foresight.
AU - Geske,J
AU - Green,R
EP - 529
PB - IEEE
PY - 2016///
SP - 524
TI - Optimal storage investment and management under uncertainty It is costly to avoid outages!
UR - http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000390949700089&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR - http://hdl.handle.net/10044/1/50964
ER -