Machine Learning-Based Dispatch Optimization of a Molten-Salt Concentrating Solar Power Plant Using Day-Ahead Electricity Price Forecasting
Miguel Ortega García, Miguel Ángel Reyes BelmonteThe energy transition poses substantial challenges for all actors in modern power systems, where the output of key renewable technologies is weather-dependent and electricity prices are increasingly volatile. This work presents a decision-support algorithm that optimizes the day-ahead dispatch of a parabolic-trough concentrating solar power (CSP) plant with two-tank molten-salt thermal energy storage (TES) connected to the Spanish grid. The algorithm couples a deep neural network (DNN) that forecasts hourly day-ahead electricity prices—trained on Spanish market data for 2016–2021 using only predictors available before day-ahead market closure: the previous-day natural-gas index, calendar variables, lagged hourly price profiles, and the previous-day generation mix—with a genetic algorithm (GA) that maximizes expected market revenues subject to the technical constraints of the plant, using a 10 min discretization of the TES operating trajectory. Under a strictly chronological evaluation, the forecasting module achieved a mean absolute error of 12.31 EUR/MWh on the held-out year 2021 and 3.57 EUR/MWh on 2020, outperforming persistence benchmarks by 22.1% and 32.0%, respectively. Across a 32-scenario benchmark spanning seasons, gas-price regimes, day types, and irradiance patterns, the optimizer adopted solutions within 3.25% of a perfect-foresight exact optimum (range: 0.70–6.94%), with five random seeds, increasing gross revenue by 20.5% over a no-storage baseline but by only 1.1% over a simple rule-based dispatch strategy, with no evidence of storage carry-over ahead of adverse meteorological days. The results illustrate how embedding machine-learning price forecasts in plant-control algorithms can increase gross market revenue for dispatchable solar generation.