Thesis/Capstone
Publication Date
Authored by
Prashant Saran, Clayton W. Siegert
Advisor(s): Jarrod Goentzel, Jarrod Goentzel
Topic(s) Covered:
  • Energy
  • Environment
Abstract

Using results from 51 million Monte Carlo simulation runs, we demonstrate that wind plant-plus-energy storage (WP+ES) operation becomes more profitable by applying supply chain management techniques such as network design and inventory management. Our business case shows that emerging, utility-scale battery storage can be economically-viable even today under certain scenarios.

Authors: Prashant Saran and Clayton W. Siegert
Advisor: Jarrod Goentzel