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Optimal Bidding Strategies of Wind-Thermal Power Producers
Abstract : This paper addresses a stochastic mixed-integer linear programming model for solving the self-scheduling problem of a thermal and wind power producer acting in an electricity market. Uncertainty on market prices and on wind power is modelled via a scenarios set. The mathematical formulation of thermal units takes into account variable and start-up costs and operational constraints like: ramp up/down limits and minimum up/down time limits. A mixed-integer linear formulation is used to obtain the offering strategies of the coordinated production of thermal and wind energy generation, aiming the profit maximization. Finally, a case study is presented and results are discussed.
Cited literature [18 references]
https://hal.inria.fr/hal-01438276
Contributor : Hal Ifip <>
Submitted on : Tuesday, January 17, 2017 - 3:38:45 PM
Last modification on : Tuesday, January 17, 2017 - 3:49:43 PM
Long-term archiving on: : Tuesday, April 18, 2017 - 3:07:24 PM
Contributor : Hal Ifip <>
Submitted on : Tuesday, January 17, 2017 - 3:38:45 PM
Last modification on : Tuesday, January 17, 2017 - 3:49:43 PM
Long-term archiving on: : Tuesday, April 18, 2017 - 3:07:24 PM
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419233_1_En_46_Chapter.pdf
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