Optimal Offering Strategies for Wind Power Producers Considering Uncertainty and Risk

• Tipo: Artigo em Revista Científica Internacional
• Data: 2012

Autores

Catalao, JPS (Autor) Outra; Pousinho, HMI (Autor) Outra; Mendes, VMF (Autor) Outra

Revista

Título: IEEE Systems Journal

Vol. 6

Páginas: 270-277

ISSN: 1932-8184

Editora: IEEE

Indexação

ISI Web of Knowledge - 40 Citações

Scopus - 48 Citações

Outras Informações

ID Authenticus: P-002-95T

DOI: 10.1109/jsyst.2011.2163009

Abstract (EN): This paper provides a two-stage stochastic programming approach for the development of optimal offering strategies for wind power producers. Uncertainty is related to electricity market prices and wind power production. A hybrid intelligent approach, combining wavelet transform, particle swarm optimization and adaptive-network-based fuzzy inference system, is used in this paper to generate plausible scenarios. Also, risk aversion is explicitly modeled using the conditional value-at-risk methodology. Results from a realistic case study, based on a wind farm in Portugal, are provided and analyzed. Finally, conclusions are duly drawn.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 8