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2018 | OriginalPaper | Buchkapitel

12. Optimal Management of a Wind Power Plant with Storage Capacity

verfasst von : Jérôme Collet, Olivier Féron, Peter Tankov

Erschienen in: Renewable Energy: Forecasting and Risk Management

Verlag: Springer International Publishing

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Abstract

We consider the problem of a wind producer who has access to the spot and intraday electricity markets and has the possibility of partially storing the produced energy using a battery storage facility. The aim of the producer is to maximize the expected gain of selling in the market the energy produced during a 24-h period. We propose and calibrate statistical models for the power production and the intraday electricity price, and compute the optimal strategy of the producer via dynamic programming.

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Metadaten
Titel
Optimal Management of a Wind Power Plant with Storage Capacity
verfasst von
Jérôme Collet
Olivier Féron
Peter Tankov
Copyright-Jahr
2018
DOI
https://doi.org/10.1007/978-3-319-99052-1_12