Journal ArticleDOI
Wind power bidding in electricity markets with high wind penetration
TLDR
In this paper, the optimal day-ahead bidding strategy for a wind power producer operating in an electricity market with high wind penetration was studied for a single generator operating in a generalized electricity market, with minimal assumptions about the structure of the production, bidding or consumption of electricity.About:
This article is published in Applied Energy.The article was published on 2014-04-01. It has received 68 citations till now. The article focuses on the topics: Bidding & Electricity market.read more
Citations
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Journal ArticleDOI
Impact of wind power uncertainty forecasting on the market integration of wind energy in Spain
I. González-Aparicio,A. Zucker +1 more
TL;DR: In this article, a new approach for determining the forecast errors of wind power generation in the time period between the closure of the day ahead and the opening of the first intraday session using Spain as an example is presented.
Journal ArticleDOI
Optimal Offering Strategies for Wind Power in Energy and Primary Reserve Markets
TL;DR: In this paper, the authors consider two different offering strategies for joint participation of wind power in energy and primary reserve markets, based on the idea of proportional and constant splitting of potentially available power generation from the turbines.
Journal ArticleDOI
Modelling demand response aggregator behavior in wind power offering strategies
TL;DR: In this article, the authors proposed a new wind offering strategy in which a wind power producer employs demand response (DR) to cope with the power production uncertainty and market violations, and the feasibility of the given strategy is assessed on a case of the Nordic market.
Journal ArticleDOI
A bibliometric analysis based review on wind power price
TL;DR: In this article, the authors conducted a bibliometric and network analysis based on the data from Scopus to find out the number of total related publications and the most cited articles and keywords distribution.
Journal ArticleDOI
Modeling the Impact of a Wind Power Producer as a Price-Maker
TL;DR: In this paper, a price-maker optimization model is used to detect the effect of wind power producers' participation in the day-ahead market without receiving any premium or aid on prices.
References
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Journal ArticleDOI
Multidimensional binary search trees used for associative searching
TL;DR: The multidimensional binary search tree (or k-d tree) as a data structure for storage of information to be retrieved by associative searches is developed and it is shown to be quite efficient in its storage requirements.
Book
Power System Economics: Designing Markets for Electricity
TL;DR: In this paper, the authors present a detailed analysis of the real-time power market in theory and in practice, including the day-ahead market and the congestion pricing methods, as well as the two-settlement system.
Journal ArticleDOI
A nonparametric estimate of a multivariate density function
TL;DR: In this article, the problem of estimating a probability density function has only recently begun to receive attention in the literature, and an estimator is proposed and consistency is shown, but it is only recently that it has been considered in the context of nonparametric discrimination.
Journal ArticleDOI
Trading Wind Generation From Short-Term Probabilistic Forecasts of Wind Power
TL;DR: In this article, a general methodology for deriving optimal bidding strategies based on probabilistic forecasts of wind generation, as well as on modeling of the sensitivity a wind power producer may have to regulation costs is presented.
Journal ArticleDOI
Short-Term Trading for a Wind Power Producer
TL;DR: A technique to derive the best offering strategy for a wind power producer in an electricity market that includes various trading floors is presented, which translates into a linear programming problem of moderate size which is readily solvable using commercially available software.