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

Abstract : This 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.
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Communication dans un congrès
Luis M. Camarinha-Matos; Thais A. Baldissera; Giovanni Di Orio; Francisco Marques. 6th Doctoral Conference on Computing, Electrical and Industrial Systems (DoCEIS), Apr 2015, Costa de Caparica, Portugal. IFIP Advances in Information and Communication Technology, AICT-450, pp.385-394, 2015, Technological Innovation for Cloud-Based Engineering Systems. 〈10.1007/978-3-319-16766-4_41〉
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R. Laia, H. Pousinho, R. Melício, V. Mendes, M. Collares-Pereira. Offering Strategies of Wind Power Producers in a Day-Ahead Electricity Market. Luis M. Camarinha-Matos; Thais A. Baldissera; Giovanni Di Orio; Francisco Marques. 6th Doctoral Conference on Computing, Electrical and Industrial Systems (DoCEIS), Apr 2015, Costa de Caparica, Portugal. IFIP Advances in Information and Communication Technology, AICT-450, pp.385-394, 2015, Technological Innovation for Cloud-Based Engineering Systems. 〈10.1007/978-3-319-16766-4_41〉. 〈hal-01343507〉

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