Matches in SemOpenAlex for { <https://semopenalex.org/work/W2050860673> ?p ?o ?g. }
- W2050860673 endingPage "4196" @default.
- W2050860673 startingPage "4189" @default.
- W2050860673 abstract "In this paper, three practical operation strategies (24Optimal, 24Prognostic, and 24Hsitrocial) are compared to the optimum profit feasible for a PHES facility with a 360 MW pump, 300 MW turbine, and a 2 GWh storage utilising price arbitrage on 13 electricity spot markets. The results indicate that almost all (∼97%) of the profits can be obtained by a PHES facility when it is optimised using the 24Optimal strategy developed, which optimises the energy storage based on the day-ahead electricity prices. However, to maximise profits with the 24Optimal strategy, the day-ahead electricity prices must be the actual prices which the PHES facility is charged or the PHES operator must have very accurate price predictions. Otherwise, the predicted profit could be significantly reduced and even become a loss. Finally, using the 24Optimal strategy, the PHES profit can surpass the annual investment repayments required. However, over the 5-year period investigated (2005–2009) the annual profit from the PHES facility varied by more than 50% on five out of six electricity markets considered. Considering the 40-year lifetime of PHES, even with low investment costs, a low interest rate, and a suitable electricity market, PHES is a risky investment without a more predictable profit." @default.
- W2050860673 created "2016-06-24" @default.
- W2050860673 creator A5011646264 @default.
- W2050860673 creator A5043197644 @default.
- W2050860673 creator A5047239899 @default.
- W2050860673 creator A5059378968 @default.
- W2050860673 creator A5073818409 @default.
- W2050860673 date "2011-07-01" @default.
- W2050860673 modified "2023-10-18" @default.
- W2050860673 title "Practical operation strategies for pumped hydroelectric energy storage (PHES) utilising electricity price arbitrage" @default.
- W2050860673 cites W1965303585 @default.
- W2050860673 cites W1973308766 @default.
- W2050860673 cites W1976207867 @default.
- W2050860673 cites W1978616489 @default.
- W2050860673 cites W1988208825 @default.
- W2050860673 cites W2002388213 @default.
- W2050860673 cites W2016444410 @default.
- W2050860673 cites W2023872652 @default.
- W2050860673 cites W2025075589 @default.
- W2050860673 cites W2033723014 @default.
- W2050860673 cites W2034140464 @default.
- W2050860673 cites W2035726895 @default.
- W2050860673 cites W2046508740 @default.
- W2050860673 cites W2057673995 @default.
- W2050860673 cites W2080950320 @default.
- W2050860673 cites W2090730713 @default.
- W2050860673 cites W2092788511 @default.
- W2050860673 cites W2118483682 @default.
- W2050860673 cites W2126931373 @default.
- W2050860673 cites W2133559613 @default.
- W2050860673 cites W2142301550 @default.
- W2050860673 cites W2142871505 @default.
- W2050860673 cites W2144771778 @default.
- W2050860673 cites W2146857976 @default.
- W2050860673 cites W2149839395 @default.
- W2050860673 cites W2157445226 @default.
- W2050860673 cites W2160251018 @default.
- W2050860673 cites W2169082579 @default.
- W2050860673 doi "https://doi.org/10.1016/j.enpol.2011.04.032" @default.
- W2050860673 hasPublicationYear "2011" @default.
- W2050860673 type Work @default.
- W2050860673 sameAs 2050860673 @default.
- W2050860673 citedByCount "214" @default.
- W2050860673 countsByYear W20508606732012 @default.
- W2050860673 countsByYear W20508606732013 @default.
- W2050860673 countsByYear W20508606732014 @default.
- W2050860673 countsByYear W20508606732015 @default.
- W2050860673 countsByYear W20508606732016 @default.
- W2050860673 countsByYear W20508606732017 @default.
- W2050860673 countsByYear W20508606732018 @default.
- W2050860673 countsByYear W20508606732019 @default.
- W2050860673 countsByYear W20508606732020 @default.
- W2050860673 countsByYear W20508606732021 @default.
- W2050860673 countsByYear W20508606732022 @default.
- W2050860673 countsByYear W20508606732023 @default.
- W2050860673 crossrefType "journal-article" @default.
- W2050860673 hasAuthorship W2050860673A5011646264 @default.
- W2050860673 hasAuthorship W2050860673A5043197644 @default.
- W2050860673 hasAuthorship W2050860673A5047239899 @default.
- W2050860673 hasAuthorship W2050860673A5059378968 @default.
- W2050860673 hasAuthorship W2050860673A5073818409 @default.
- W2050860673 hasBestOaLocation W20508606732 @default.
- W2050860673 hasConcept C10138342 @default.
- W2050860673 hasConcept C106306483 @default.
- W2050860673 hasConcept C119599485 @default.
- W2050860673 hasConcept C121332964 @default.
- W2050860673 hasConcept C127413603 @default.
- W2050860673 hasConcept C134560507 @default.
- W2050860673 hasConcept C144133560 @default.
- W2050860673 hasConcept C146733006 @default.
- W2050860673 hasConcept C160623529 @default.
- W2050860673 hasConcept C162324750 @default.
- W2050860673 hasConcept C163258240 @default.
- W2050860673 hasConcept C175223733 @default.
- W2050860673 hasConcept C175444787 @default.
- W2050860673 hasConcept C17744445 @default.
- W2050860673 hasConcept C181622380 @default.
- W2050860673 hasConcept C188573790 @default.
- W2050860673 hasConcept C199539241 @default.
- W2050860673 hasConcept C206658404 @default.
- W2050860673 hasConcept C27548731 @default.
- W2050860673 hasConcept C2983129042 @default.
- W2050860673 hasConcept C62520636 @default.
- W2050860673 hasConcept C73916439 @default.
- W2050860673 hasConcept C92311004 @default.
- W2050860673 hasConcept C94625758 @default.
- W2050860673 hasConceptScore W2050860673C10138342 @default.
- W2050860673 hasConceptScore W2050860673C106306483 @default.
- W2050860673 hasConceptScore W2050860673C119599485 @default.
- W2050860673 hasConceptScore W2050860673C121332964 @default.
- W2050860673 hasConceptScore W2050860673C127413603 @default.
- W2050860673 hasConceptScore W2050860673C134560507 @default.
- W2050860673 hasConceptScore W2050860673C144133560 @default.
- W2050860673 hasConceptScore W2050860673C146733006 @default.
- W2050860673 hasConceptScore W2050860673C160623529 @default.
- W2050860673 hasConceptScore W2050860673C162324750 @default.
- W2050860673 hasConceptScore W2050860673C163258240 @default.
- W2050860673 hasConceptScore W2050860673C175223733 @default.