Abstract:
This paper addresses a stochastic Wind-PV-Thermal commitment to improve the bidding process of an aggregator in an electricity day-ahead market. The data for the wind and...Show MoreMetadata
Abstract:
This paper addresses a stochastic Wind-PV-Thermal commitment to improve the bidding process of an aggregator in an electricity day-ahead market. The data for the wind and solar powers and for the market prices are given by a set of scenarios. Thermal units modeling includes start-up costs, variables costs and bounds due to constraints of technical operation, such as: ramp up/down limits and minimum up/down time limits. The modeling is carried out in order to develop a management aggregation procedure based in a stochastic programming approach formulated as a mixed integer linear mathematical programming problem. A case study is addressed with market price from the Iberian Peninsula and comparison between disaggregated and aggregated bids is discussed to address the main conclusions.
Published in: 2018 International Symposium on Power Electronics, Electrical Drives, Automation and Motion (SPEEDAM)
Date of Conference: 20-22 June 2018
Date Added to IEEE Xplore: 26 August 2018
ISBN Information: