Optimization of Pumped Storage Capacity in an Isolated Power System With Large Renewable Penetration

By P. Brown, J. P. Lopes, Manuel A. Matos. IEEE Transactions on Power Systems, 2008

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Wind power forecasting : state-of-the-art 2009. (2009, background): “[355] presented an economic analysis of inclusion of pumped storage in a small island system with abundant renewable energy resources.”
Pumped storage in systems with very high wind penetration (2011, background): “et al, 2008), (Castanuovo and Lopes, 2004), (Brown et al., 2008). However, when examined from a system point of view, this method of utilizing storage may not provide the maximum benefit that can be achieved from a storage source - to achieve the maximum benefit to the system, the storage should be ”
Optimal Management and Sizing of Energy Storage Under Dynamic Pricing for the Efficient Integration of Renewable Energy (2015, background): “In order to handle the uncertainty of renewables and demand, the papers [9]–[11] adopt a MDP based approach to solve the storage management while [12] adopts a scenario tree based method.”
A new self-scheduling strategy for integrated operation of wind and pumped-storage power plants in power markets (2011, background): “Nowadays, pumped-storage plants can independently participate in energy markets to buy energy in the pump mode and sell it in the generation mode [19–21].”