Robust MILP Optimization of Renewable Power Plants: The Role of BESS Sizing in Uncertainty Mitigation

The reduction of carbon dioxide related to the energy sector is one of the greatest challenges of this century. To ensure a proper transition towards a sustainable electric power system, innovative solutions are fundamental for the efficient integration of renewable energy sources. Hybrid Renewable Energy Systems (HRES) play a crucial role in this scenario; they can ensure a stable and reliable electricity supply thanks to the combination of different renewable technologies, particularly thanks to the integration of storage systems. However, the optimal sizing process of such systems is a complex challenge due to the multiple uncertainties that can be present, involving demand fluctuations and electricity zonal price variations. The aim of this work was to develop a Mixed-Integer Linear Programming (MILP) optimization approach for the robust sizing of a HRES under multiple sources of uncertainty. The developed hybrid model consists of a wind farm, a photovoltaic (PV) plant, a Battery Energy Storage System (BESS), and an industrial load with the entire infrastructure for connection to the national power grid. Additionally, the model includes the capability to manage the over-generation of renewable resources through curtailment mechanisms. The objective of the sizing tool is to minimize the Net Present Cost (NPC) of the plant, while ensuring the reliability of the system. The developed tool can represent a useful assistant for the evaluation of different possible configurations, helping the decision-making process during the design of a HRES. The results will show the best trade-off between economic and reliability aspects, highlighting the impact that the uncertainty has on the optimal size of the plant. In particular, the best configuration analyzed is able to reduce the NPC of more than 50% compared to a plant with a single renewable source.