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Conference papers
Risk-based strategies for wind/pumped-hydro coordination under electricity markets
Abstract : When participating in an electricity market, wind power generation may be penalized by increased regulation costs due the stochastic nature of the wind resource. The negative impact associated to the stochastic nature of wind may be reduced by coupling the wind farm with energy storage facilities, thus constituting a virtual power plant. In this paper, focus is put on advanced methods for reducing regulation costs. A novel method is proposed for the intra-day scheduling and operation of such a plant in an electricity market environment. Such method is able to minimize the imbalance penalty risks associated to wind power forecast uncertainty through a rolling-window approach. Results based on a real-world test case are presented and discussed.
Cited literature [20 references]
https://hal-mines-paristech.archives-ouvertes.fr/hal-00505139
Contributor : Magalie Prudon Connect in order to contact the contributor
Submitted on : Wednesday, December 29, 2010 - 3:06:11 PM
Last modification on : Wednesday, November 17, 2021 - 12:29:50 PM
Long-term archiving on: : Monday, November 5, 2012 - 3:01:35 PM
Contributor : Magalie Prudon Connect in order to contact the contributor
Submitted on : Wednesday, December 29, 2010 - 3:06:11 PM
Last modification on : Wednesday, November 17, 2021 - 12:29:50 PM
Long-term archiving on: : Monday, November 5, 2012 - 3:01:35 PM
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