Investigation on the development of bidding strategies for a wind farm owner

Pousinho, Hugo Miguel Inácio; Mendes, Victor; Catalão, João Paulo da Silva

http://hdl.handle.net/10400.21/544

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Authors

Pousinho, Hugo Miguel Inácio

Mendes, Victor

Catalão, João Paulo da Silva

Abstract(s)

In this paper, the development of bidding strategies is investigated for a wind farm owner. The optimization model is characterized by making the analysis of scenarios. The proposed approach allows evaluating alternative production strategies in order to submit bids to the electricity market with the goal of maximizing profits. The problem is formulated as a linear programming problem. An application to a case study is presented

Keywords

Bidding strategies Profit Scenarios Wind power

URI

http://hdl.handle.net/10400.21/544

Citation

Pousinho H M I, Mendes V M F, Catalão J P S.Investigation on the Development of Bidding Strategies for a Wind Farm Owner.International Review of Electrical Engineering-IREE. 2010; 5 (3): 1324-1329.