Offering Strategies of Wind Power Producers in a Day-Ahead Electricity Market

dc.contributor.authorMelicio, Rui
dc.date.accessioned2015-12-11T17:49:22Z
dc.date.available2015-12-11T17:49:22Z
dc.date.issued2015-04-15
dc.description.abstractThis paper presents a stochastic optimization-based approach applied to offer strategies of a wind power producer in a day-ahead electricity market. Further from facing the uncertainty on the wind power the market forces wind power producers to face the uncertainty of the market-clearing electricity price. Also, the producer faces penalties in case of being unable to fulfill the offer. An efficient mixed-integer linear program is presented to develop the offering strategies, having as a goal the maximization of profit. A case study with data from the Iberian Electricity Market is presented and results are discussed to show the effectiveness of the proposed approach.por
dc.identifier.authoremailruimelicio@gmail.com
dc.identifier.citationin: Technological Innovation for Cloud-based Engineering Systems, Eds. L.M. Camarinha-Matos, T.A. Baldissera, G. Di Orio, F. Marques, DoCEIS 2015, IFIP AICT 450, SPRINGER, Heidelberg, Germany, ISBN: 978-3-319-16766-4, pp. 385–394, April 2015por
dc.identifier.ismn978-3-319-16766-4
dc.identifier.scientificarea483por
dc.identifier.urihttp://link.springer.com/chapter/10.1007%2F978-3-319-16766-4_41#page-1
dc.identifier.urihttp://hdl.handle.net/10174/16483
dc.identifier.withinvitedoralpresentationnaopor
dc.identifier.withoralpresentationsimpor
dc.identifier.withposternaopor
dc.language.isoengpor
dc.publisherSPRINGER, Heidelberg, Germanypor
dc.rightsrestrictedAccesspor
dc.subjectMixed-integer linear programmingpor
dc.subjectStochastic optimizationpor
dc.subjectWind powerpor
dc.subjectOffering strategiespor
dc.titleOffering Strategies of Wind Power Producers in a Day-Ahead Electricity Marketpor
dc.typelecturepor

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