A stochastic programming approach for the development of offering strategies for a wind power producer

Detalhes bibliográficos
Autor(a) principal: Pousinho, Hugo Miguel Inácio
Data de Publicação: 2012
Outros Autores: Mendes, Victor, Catalão, João Paulo da Silva
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/5163
Resumo: A stochastic programming approach is proposed in this paper for the development of offering strategies for a wind power producer. The optimization model is characterized by making the analysis of several scenarios and treating simultaneously two kinds of uncertainty: wind power and electricity market prices. The approach developed allows evaluating alternative production and offers strategies to submit to the electricity market with the ultimate goal of maximizing profits. An innovative comparative study is provided, where the imbalances are treated differently. Also, an application to two new realistic case studies is presented. Finally, conclusions are duly drawn.
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spelling A stochastic programming approach for the development of offering strategies for a wind power producerStochastic programmingOffering strategiesWind powerUncertaintyNeural-network approachShort-term energyElectricity marketGenerationPredictionStorageA stochastic programming approach is proposed in this paper for the development of offering strategies for a wind power producer. The optimization model is characterized by making the analysis of several scenarios and treating simultaneously two kinds of uncertainty: wind power and electricity market prices. The approach developed allows evaluating alternative production and offers strategies to submit to the electricity market with the ultimate goal of maximizing profits. An innovative comparative study is provided, where the imbalances are treated differently. Also, an application to two new realistic case studies is presented. Finally, conclusions are duly drawn.Elsevier Science SARCIPLPousinho, Hugo Miguel InácioMendes, VictorCatalão, João Paulo da Silva2015-09-11T08:28:23Z2012-082012-08-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfapplication/pdfhttp://hdl.handle.net/10400.21/5163engPOUSINHO, H. M. I.; MENDES, V. M. F.; CATALÃO, J. P. S. – A stochastic programming approach for the development of offering strategies for a wind power producer. Electric Power Systems Research. ISSN: 0378-7796. Vol. 89 (2012), pp. 45-530378-779610.1016/j.epsr.2012.02.013metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T09:48:10Zoai:repositorio.ipl.pt:10400.21/5163Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:14:28.856958Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv A stochastic programming approach for the development of offering strategies for a wind power producer
title A stochastic programming approach for the development of offering strategies for a wind power producer
spellingShingle A stochastic programming approach for the development of offering strategies for a wind power producer
Pousinho, Hugo Miguel Inácio
Stochastic programming
Offering strategies
Wind power
Uncertainty
Neural-network approach
Short-term energy
Electricity market
Generation
Prediction
Storage
title_short A stochastic programming approach for the development of offering strategies for a wind power producer
title_full A stochastic programming approach for the development of offering strategies for a wind power producer
title_fullStr A stochastic programming approach for the development of offering strategies for a wind power producer
title_full_unstemmed A stochastic programming approach for the development of offering strategies for a wind power producer
title_sort A stochastic programming approach for the development of offering strategies for a wind power producer
author Pousinho, Hugo Miguel Inácio
author_facet Pousinho, Hugo Miguel Inácio
Mendes, Victor
Catalão, João Paulo da Silva
author_role author
author2 Mendes, Victor
Catalão, João Paulo da Silva
author2_role author
author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Pousinho, Hugo Miguel Inácio
Mendes, Victor
Catalão, João Paulo da Silva
dc.subject.por.fl_str_mv Stochastic programming
Offering strategies
Wind power
Uncertainty
Neural-network approach
Short-term energy
Electricity market
Generation
Prediction
Storage
topic Stochastic programming
Offering strategies
Wind power
Uncertainty
Neural-network approach
Short-term energy
Electricity market
Generation
Prediction
Storage
description A stochastic programming approach is proposed in this paper for the development of offering strategies for a wind power producer. The optimization model is characterized by making the analysis of several scenarios and treating simultaneously two kinds of uncertainty: wind power and electricity market prices. The approach developed allows evaluating alternative production and offers strategies to submit to the electricity market with the ultimate goal of maximizing profits. An innovative comparative study is provided, where the imbalances are treated differently. Also, an application to two new realistic case studies is presented. Finally, conclusions are duly drawn.
publishDate 2012
dc.date.none.fl_str_mv 2012-08
2012-08-01T00:00:00Z
2015-09-11T08:28:23Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/5163
url http://hdl.handle.net/10400.21/5163
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv POUSINHO, H. M. I.; MENDES, V. M. F.; CATALÃO, J. P. S. – A stochastic programming approach for the development of offering strategies for a wind power producer. Electric Power Systems Research. ISSN: 0378-7796. Vol. 89 (2012), pp. 45-53
0378-7796
10.1016/j.epsr.2012.02.013
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier Science SA
publisher.none.fl_str_mv Elsevier Science SA
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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