Optimal Offering Strategies for Wind Power Producers Considering Uncertainty and Risk

被引：40
作者：
Catalao, J. P. S. [1 ]
Pousinho, H. M. I. [1 ]
Mendes, V. M. F. [2 ]
机构：
[1] Univ Beira Interior, P-6201001 Covilha, Portugal
[2] Inst Super Engn Lisboa, P-1950062 Lisbon, Portugal
来源：
IEEE SYSTEMS JOURNAL | 2012年 / 6卷 / 02期
关键词：
Artificial intelligence; forecasting; risk analysis; stochastic programming; uncertainty; wind power; GENERATION; SYSTEMS;
D O I：
10.1109/JSYST.2011.2163009
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
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.
引用
收藏
页码：270 / 277
页数：8
相关论文
共 27 条
  • [1] [Anonymous], 1997, Introduction to stochastic programming
  • [2] Trading wind generation in short term energy markets
    Bathurst, GN
    Weatherill, J
    Strbac, G
    [J]. IEEE TRANSACTIONS ON POWER SYSTEMS, 2002, 17 (03) : 782 - 789
  • [3] Short-Term Scheduling and Control of Active Distribution Systems With High Penetration of Renewable Resources
    Borghetti, Alberto
    Bosetti, Mauro
    Grillo, Samuele
    Massucco, Stefano
    Nucci, Carlo Alberto
    Paolone, Mario
    Silvestro, Federico
    [J]. IEEE SYSTEMS JOURNAL, 2010, 4 (03): : 313 - 322
  • [4] Forward contracting and selling price determination for a retailer
    Carrion, Miguel
    Conejo, Antonio J.
    Arroyo, Jose M.
    [J]. IEEE TRANSACTIONS ON POWER SYSTEMS, 2007, 22 (04) : 2105 - 2114
  • [5] A stochastic programming approach to electric energy procurement for large consumers
    Carrion, Miguel
    Philpott, Andy B.
    Conejo, Antonio J.
    Arroyo, Jose M.
    [J]. IEEE TRANSACTIONS ON POWER SYSTEMS, 2007, 22 (02) : 744 - 754
  • [6] Hydro energy systems management in Portugal: Profit-based evaluation of a mixed-integer nonlinear approach
    Catalao, J. P. S.
    Pousinho, H. M. I.
    Mendes, V. M. F.
    [J]. ENERGY, 2011, 36 (01) : 500 - 507
  • [7] Influence of Environmental Constraints on Profit-Based Short-Term Thermal Scheduling
    Catalao, J. P. S.
    Mendes, V. M. F.
    [J]. IEEE TRANSACTIONS ON SUSTAINABLE ENERGY, 2011, 2 (02) : 131 - 138
  • [8] Catalao JPS, 2009, ENG INTELL SYST ELEC, V17, P5, DOI 10.1109/ISAP.2009.5352853
  • [9] Optimal involvement in futures markets of a power producer
    Conejo, Antonio J.
    Garcia-Bertrand, Raquel
    Carrion, Miguel
    Caballero, Angel
    de Andres, Antonio
    [J]. IEEE TRANSACTIONS ON POWER SYSTEMS, 2008, 23 (02) : 703 - 711
  • [10] A Dynamic Decision Model for the Real-Time Control of Hybrid Renewable Energy Production Systems
    Dagdougui, Hanane
    Minciardi, Riccardo
    Ouammi, Ahmed
    Robba, Michela
    Sacile, Roberto
    [J]. IEEE SYSTEMS JOURNAL, 2010, 4 (03): : 323 - 333
123