Skip to main content

2016 | OriginalPaper | Buchkapitel

Optimal Bidding Strategies of Wind-Thermal Power Producers

verfasst von : R. Laia, H. M. I. Pousinho, R. Melício, V. M. F. Mendes

Erschienen in: Technological Innovation for Cyber-Physical Systems

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

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.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
1.
Zurück zum Zitat Kongnam, C., Nuchprayoon, S.: Feed-in tariff scheme for promoting wind energy generation. In: IEEE Bucharest Power Tech Conference, pp. 1–6 (2009) Kongnam, C., Nuchprayoon, S.: Feed-in tariff scheme for promoting wind energy generation. In: IEEE Bucharest Power Tech Conference, pp. 1–6 (2009)
2.
Zurück zum Zitat Morales, J.M., Conejo, A.J., Ruiz, J.P.: Short-term trading for a wind power producer. IEEE Trans. Power Syst. 25(1), 554–564 (2010)CrossRef Morales, J.M., Conejo, A.J., Ruiz, J.P.: Short-term trading for a wind power producer. IEEE Trans. Power Syst. 25(1), 554–564 (2010)CrossRef
3.
Zurück zum Zitat Bitar, E.Y., Rajagopal, R., Khargonekar, P.P., Poolla, K., Varaiya, P.: Bringing wind energy to market. IEEE Trans. Power Syst. 27(3), 1225–1235 (2012)CrossRef Bitar, E.Y., Rajagopal, R., Khargonekar, P.P., Poolla, K., Varaiya, P.: Bringing wind energy to market. IEEE Trans. Power Syst. 27(3), 1225–1235 (2012)CrossRef
4.
Zurück zum Zitat Pineda, I., Wilkes, J.: Wind in power: 2014 European statistics (2015) Pineda, I., Wilkes, J.: Wind in power: 2014 European statistics (2015)
5.
Zurück zum Zitat Key World Energy Statistics Report. International Energy Agency (2014) Key World Energy Statistics Report. International Energy Agency (2014)
6.
Zurück zum Zitat Wu, A., Shahidehpour, L., Li, T.: Stochastic security-constrained unit commitment. IEEE Trans. Power Syst. 22(2), 800–811 (2007)CrossRef Wu, A., Shahidehpour, L., Li, T.: Stochastic security-constrained unit commitment. IEEE Trans. Power Syst. 22(2), 800–811 (2007)CrossRef
7.
Zurück zum Zitat Pousinho, H.M.I., Catalão, J.P.S., Mendes, V.M.F.: Offering strategies for a wind power producer considering uncertainty through a stochastic model. In: 12th International Conference on Probabilistic Methods Applied to Power Systems, pp. 1139–1144 (2012) Pousinho, H.M.I., Catalão, J.P.S., Mendes, V.M.F.: Offering strategies for a wind power producer considering uncertainty through a stochastic model. In: 12th International Conference on Probabilistic Methods Applied to Power Systems, pp. 1139–1144 (2012)
8.
Zurück zum Zitat Rajkumar, R.: A cyber-physical future. Proc. IEEE 100, 1309–1312 (2012)CrossRef Rajkumar, R.: A cyber-physical future. Proc. IEEE 100, 1309–1312 (2012)CrossRef
9.
Zurück zum Zitat Foundations for innovation in cyber-physical systems. Workshop summary report. National Institute of Standards and Technology (2013) Foundations for innovation in cyber-physical systems. Workshop summary report. National Institute of Standards and Technology (2013)
10.
Zurück zum Zitat Trivedi, A., Srinivasan, D., Biswas, S., Reindl, T.: Hybridizing genetic algorithm with differential evolution for solving the unit commitment scheduling problem. Swarm Evol. Comput. 23, 50–64 (2015)CrossRef Trivedi, A., Srinivasan, D., Biswas, S., Reindl, T.: Hybridizing genetic algorithm with differential evolution for solving the unit commitment scheduling problem. Swarm Evol. Comput. 23, 50–64 (2015)CrossRef
11.
Zurück zum Zitat Senjyu, T., Shimabukuro, K., Uezato, K., Funabashi, T.: A fast technique for unit commitment problem by extended priority list. IEEE Trans. Sustain. Energy 18, 277–287 (2003) Senjyu, T., Shimabukuro, K., Uezato, K., Funabashi, T.: A fast technique for unit commitment problem by extended priority list. IEEE Trans. Sustain. Energy 18, 277–287 (2003)
12.
Zurück zum Zitat Laia, R., Pousinho, H.M.I., Melício, R., Mendes, V.M.F., Reis, A.H.: Schedule of thermal units with emissions in a spot electricity market. In: Camarinha-Matos, L.M., Tomic, S., Graça, P. (eds.) DoCEIS 2013. IFIP AICT, vol. 394, pp. 361–370. Springer, Heidelberg (2013)CrossRef Laia, R., Pousinho, H.M.I., Melício, R., Mendes, V.M.F., Reis, A.H.: Schedule of thermal units with emissions in a spot electricity market. In: Camarinha-Matos, L.M., Tomic, S., Graça, P. (eds.) DoCEIS 2013. IFIP AICT, vol. 394, pp. 361–370. Springer, Heidelberg (2013)CrossRef
13.
Zurück zum Zitat Ostrowski, J., Anjos, M.F., Vannelli, A.: Tight mixed integer linear programming formulations for the unit commitment problem. IEEE Trans. Power Syst. 27(1), 39–46 (2012)CrossRef Ostrowski, J., Anjos, M.F., Vannelli, A.: Tight mixed integer linear programming formulations for the unit commitment problem. IEEE Trans. Power Syst. 27(1), 39–46 (2012)CrossRef
14.
Zurück zum Zitat Floudas, C., Lin, X.: Mixed integer linear programming in process scheduling: modeling, algorithms, and applications. Ann. Oper. Res. 139, 131–162 (2005)MathSciNetCrossRefMATH Floudas, C., Lin, X.: Mixed integer linear programming in process scheduling: modeling, algorithms, and applications. Ann. Oper. Res. 139, 131–162 (2005)MathSciNetCrossRefMATH
15.
Zurück zum Zitat El-Fouly, T.H.M., Zeineldin, H.H., El-Saadany, E.F., Salama, M.M.A.: Impact of wind generation control strategies, penetration level and installation location on electricity market prices. IET Renew. Power Gener. 2, 162–169 (2008)CrossRef El-Fouly, T.H.M., Zeineldin, H.H., El-Saadany, E.F., Salama, M.M.A.: Impact of wind generation control strategies, penetration level and installation location on electricity market prices. IET Renew. Power Gener. 2, 162–169 (2008)CrossRef
16.
Zurück zum Zitat Angarita, J.L., Usaola, J., Crespo, J.M.: Combined hydro-wind generation bids in a pool-based electricity market. Electr. Power Syst. Res. 79, 1038–1046 (2008)CrossRef Angarita, J.L., Usaola, J., Crespo, J.M.: Combined hydro-wind generation bids in a pool-based electricity market. Electr. Power Syst. Res. 79, 1038–1046 (2008)CrossRef
17.
Zurück zum Zitat Hedman, K., Sheble, G.: Comparing hedging methods for wind power: using pumped storage hydro units vs options purchasing. In: International Conference on Probabilistic Methods Applied to Power Systems, pp. 1–6 (2006) Hedman, K., Sheble, G.: Comparing hedging methods for wind power: using pumped storage hydro units vs options purchasing. In: International Conference on Probabilistic Methods Applied to Power Systems, pp. 1–6 (2006)
18.
Zurück zum Zitat Matevosyan, J., Soder, L.: Minimization of imbalance cost trading wind power on the short-term power market. IEEE Trans. Power Syst. 21(3), 1396–1404 (2006)CrossRef Matevosyan, J., Soder, L.: Minimization of imbalance cost trading wind power on the short-term power market. IEEE Trans. Power Syst. 21(3), 1396–1404 (2006)CrossRef
19.
Zurück zum Zitat Ruiz, P.A., Philbrick, C.R., Sauer, P.W.: Wind power day-ahead uncertainty management through stochastic unit commitment policies. In: IEEE/PES Power Systems Conference and Exposition, pp. 1–9 (2009) Ruiz, P.A., Philbrick, C.R., Sauer, P.W.: Wind power day-ahead uncertainty management through stochastic unit commitment policies. In: IEEE/PES Power Systems Conference and Exposition, pp. 1–9 (2009)
20.
Zurück zum Zitat Coelho, L.S., Santos, A.A.P.: A RBF neural network model with GARCH errors: application to electricity price forecasting. Electr. Power Syst. Res. 81, 74–83 (2011)CrossRef Coelho, L.S., Santos, A.A.P.: A RBF neural network model with GARCH errors: application to electricity price forecasting. Electr. Power Syst. Res. 81, 74–83 (2011)CrossRef
22.
Zurück zum Zitat Laia, R., Pousinho, H.M.I., Melício, R., Mendes, V.M.F.: Self-scheduling and bidding strategies of thermal units with stochastic emission constraints. Energy Convers. Manage. 89, 975–984 (2015)CrossRef Laia, R., Pousinho, H.M.I., Melício, R., Mendes, V.M.F.: Self-scheduling and bidding strategies of thermal units with stochastic emission constraints. Energy Convers. Manage. 89, 975–984 (2015)CrossRef
Metadaten
Titel
Optimal Bidding Strategies of Wind-Thermal Power Producers
verfasst von
R. Laia
H. M. I. Pousinho
R. Melício
V. M. F. Mendes
Copyright-Jahr
2016
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-319-31165-4_46