A Review on Capacity Optimization of Hybrid Renewable Power System with Energy Storage

Abstract

With the rapid development of the global economy, there is a sharp shortage of fossil energy sources. Therefore the development of renewable energy technologies such as wind power and solar power has become a hot issue nowadays. However, due to the randomness, intermittency and instability of renewable energy, it is difficult to provide continuous and stable electricity when it runs independently. Hybrid renewable power systems with energy storage can improve the reliability of power supply. Capacity optimization is the key of hybrid renewable power system design and the basis of optimal scheduling. In this paper, the capacity optimization of hybrid renewable power system with energy storage is summarized and classified. According to the different energy storage modes of the hybrid renewable power systems, the capacity optimization models, optimization methods and the software used are introduced.