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This paper presents models for renewable energy systems with storage, andconsiders its optimal operation. We model and simulate wind and solar powerproduction using stochastic differential equations as well as storage of theproduced power using batteries, thermal storage, and water electrolysis. Weformulate an economic optimal control problem, with the scope of controllingthe system in the most efficient way, while satisfying the power demand fromthe electric grid. Deploying multiple storage systems allows flexibility andhigher reliability of the renewable energy system.

Modeling, scientific computing and optimal control for renewable energy systems with storage