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SUMMARY:Stochastic Analysis of Real and Virtual Energy Storage in the Smar
 t Grid
DTSTART:20130208T101500
DTEND:20130208T110000
DTSTAMP:20260427T201436Z
UID:8912de7485dd1d94709a8f7e810c200559dad8a41d8f781cda5a1bf2
CATEGORIES:Conferences - Seminars
DESCRIPTION:Jean-Yves Leboudec (EPFL)\nEnergy storage and demand response 
 are used in the smart grid to compensate for fluctuations and forecasting 
 errors in demand and production. Demand response can also be used as a for
 m of storage\, where load rather than supply is stored. In the first part 
 of this talk\, we propose a system wide model for real time demand respons
 e. The model shows that evaporation\, namely the fraction of delayed deman
 d that eventually disappears\, plays a central role. Further\, large backl
 ogs of delayed demand may accumulate. In a second part\, we study a model 
 of real storage\, using pump hydro. We revisit an existing study by Bejan 
 et al.\; we study the impact of energy conversion efficiency and of the qu
 ality of wind predictions. We study storage control policies and find stra
 tegies that outperform the proposed fixed level policies.\n(Joint work wit
 h Nicolas Gast and Dan-Cristian Tomozei)
LOCATION:ME C2 405
STATUS:CONFIRMED
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