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Self-Scheduling Approach to Coordinating Wind Power Producers With Energy Storage and Demand Response

Title
Self-Scheduling Approach to Coordinating Wind Power Producers With Energy Storage and Demand Response
Type
Article in International Scientific Journal
Year
2020
Authors
Jamali, A
(Author)
Other
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Aghaei, J
(Author)
Other
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Esmaili, M
(Author)
Other
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Nikoobakht, A
(Author)
Other
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Niknam, T
(Author)
Other
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Shafie khah, M
(Author)
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Journal
Vol. 11
Pages: 1210-1219
ISSN: 1949-3029
Publisher: IEEE
Other information
Authenticus ID: P-00S-B57
Abstract (EN): The uncertainty of wind energy makes wind power producers (WPPs) incur profit/loss due to balancing costs in electricity markets, a phenomenon that restricts their participation in markets. This paper proposes a stochastic bidding strategy based on virtual power plants (VPPs) to increase the profit of WPPs in short-term electricity markets in coordination with energy storage systems and demand response. To implement the stochastic solution strategy, the Kantorovich method is used for scenario generation and reduction. The optimization problem is formulated as a Mixed-Integer Linear Programming problem. From testing the proposed method for a Spanish WPP, it is inferred that the proposed method enhances the profit of the VPP compared to previous models.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 10
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