This paper presents an optimal load management strategy for residential consumers that utilizes the communication infrastructure of the future smart grid. The strategy considers predictions of electricity prices, energy demand, renewable power production, and power-purchase of energy of the...

This paper presents an hourly management method for energy generated in grid-connected wind farms using battery storage (Wind-Batteries systems). The method proposed is analysed technically and economically. Electricity generation in wind farms does not usually coincide with the electrical...

In this paper, several designs of hybrid PV-wind (photovoltaic-wind) systems connected to the electrical grid, including the intermittent production of hydrogen, are shown. The objective considered in the design is economical to maximise the net present value (NPV) of the system. A control...

The purpose of this paper is to study the development of photovoltaic (PV) systems in some countries of the European Union (EU). We establish the stage of development of each country, their short- and long-term degree of compliance and the trends of international investors favouring one market...

The installed wind power capacity in Spain has grown strongly in recent years. In 2007, wind parks supplied already 10% of the 260 TWh generated electricity. Along that year the installed wind capacity grew by 33.2%, from 11.63 GW in January to 15.5 GW in December. Wind is nowadays the...

This article presents a model for investing in renewable energies in the framework of the Spanish electricity market in a way that risk is minimised for the investor while returns are maximised. The model outlined here is based on an economic model for calculating cash flows intended to obtain...