Essays about: "Adrian Bagger Toräng"

Found 1 essay containing the words Adrian Bagger Toräng.

  1. 1. The influence of short-term forecast errors in energy storage sizing decisions

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Adrian Bagger Toräng; Viktor Rönnblom; [2022]
    Keywords : Energy storage system; Pumped hydro energy storage; Electricity price forecast; Forecast error; Sizing; Robust decision making; Energilagringssystem; Pumpkraftverk; Elprisprognos; Prognosfel; Dimensionering; Robust beslutstagande;

    Abstract : Pumped hydro energy storages commonly plan their operations on short-term forecasts of the upcoming electricity prices, meaning that errors in these forecasts would entail suboptimal operations of the energy storage. Despite the high investment costs of pumped hydro energy storages, few studies take a holistic approach to the uncertainties involved in such investment decisions. READ MORE