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Stochastic joint optimization of wind generation and pumped-storage units in an electricity market
dc.contributor.author | García González, Javier | es-ES |
dc.contributor.author | Moraga Ruíz de la Muela, Rocío | es-ES |
dc.contributor.author | Matres Santos, Luz | es-ES |
dc.contributor.author | Mateo González, Alicia | es-ES |
dc.date.accessioned | 2016-01-15T11:18:55Z | |
dc.date.available | 2016-01-15T11:18:55Z | |
dc.date.issued | 2008-05-01 | es_ES |
dc.identifier.issn | 0885-8950 | es_ES |
dc.identifier.uri | https:doi.org10.1109TPWRS.2008.919430 | es_ES |
dc.description | Artículos en revistas | es_ES |
dc.description.abstract | es-ES | |
dc.description.abstract | One of the main characteristics of wind power is the inherent variability and unpredictability of the generation source, even in the short-term. To cope with this drawback, hydro pumped-storage units have been proposed in the literature as a good complement to wind generation due to their ability to manage positive and negative energy imbalances over time. This paper investigates the combined optimization of a wind farm and a pumped-storage facility from the point of view of a generation company in a market environment. The optimization model is formulated as a two-stage stochastic programming problem with two random parameters: market prices and wind generation. The optimal bids for the day-ahead spot market are the “here and now” decisions while the optimal operation of the facilities are the recourse variables. A joint configuration is modeled and compared with an uncoordinated operation. A realistic example case is presented where the developed models are tested with satisfactory results. | en-GB |
dc.format.mimetype | application/pdf | es_ES |
dc.language.iso | en-GB | es_ES |
dc.rights | es_ES | |
dc.rights.uri | es_ES | |
dc.source | Revista: IEEE Transactions on Power Systems, Periodo: 1, Volumen: online, Número: 2, Página inicial: 460, Página final: 468 | es_ES |
dc.subject.other | Instituto de Investigación Tecnológica (IIT) | es_ES |
dc.title | Stochastic joint optimization of wind generation and pumped-storage units in an electricity market | es_ES |
dc.type | info:eu-repo/semantics/article | es_ES |
dc.description.version | info:eu-repo/semantics/publishedVersion | es_ES |
dc.rights.accessRights | info:eu-repo/semantics/restrictedAccess | es_ES |
dc.keywords | es-ES | |
dc.keywords | Day-ahead electricity markets, energy storage, optimization, profit maximization, wind power | en-GB |
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