Optimal participation and risk mitigation of wind generators in an electricity market

Forecasted output of wind electric generators (WEGs) in a 24-h horizon has large uncertainties. These uncertainties pose a challenge while computing optimal bids necessary for participating in the day-ahead unit commitment process (DACP) thus limiting their integration and success. This study propos...

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Bibliographic Details

Published in:	IET renewable power generation Vol. 4; no. 2; pp. 165 - 175
Main Authors:	Dukpa, A., Duggal, I., Venkatesh, B., Chang, L.
Format:	Journal Article
Language:	English
Published:	Stevenage The Institution of Engineering & Technology 01.03.2010
Subjects:	Electric generators Energy reserves Energy storage Markets Mathematical models Optimization Reserves Risk Risk reduction Strategy Uncertainty Wind power Wind power generation
ISSN:	1752-1416, 1752-1424
Online Access:	Get full text
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