Optimisation of the bidding strategy for wind power trading

被引:0
|
作者
Hamilton, David I. [1 ]
McMillan, David [1 ]
Catterson, Victoria M. [1 ]
机构
[1] Univ Strathclyde, Elect & Elect Engn, Glasgow, Lanark, Scotland
来源
2015 IEEE EINDHOVEN POWERTECH | 2015年
关键词
Wind energy; energy markets; quantile regression;
D O I
暂无
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
The optimal bidding strategy for trading electricity from a wind farm is not always clear. This paper outlines a method for predicting whether the market will be long or short and uses this information to select the best quantile regression for the current market conditions. Results from a simulation with a 2.5MW turbine produced a savings of over (sic) 1000 over a three month period compared to using only a P50 forecaster.
引用
收藏
页数:5
相关论文
共 50 条
  • [1] Coordinated bidding and trading strategy for wind power and thermostatic load in a novel market framework
    Li, Jiamei
    Ai, Qian
    Yin, Shuangrui
    IET RENEWABLE POWER GENERATION, 2022, 16 (05) : 1027 - 1045
  • [2] Bidding strategy for trading wind energy and purchasing reserve of wind power producer - A DRL based approach
    Cao, Di
    Hu, Weihao
    Xu, Xiao
    Dragicevic, Tomislav
    Huang, Qi
    Liu, Zhou
    Chen, Zhe
    Blaabjerg, Frede
    INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2020, 117
  • [3] Optimal Price-maker Trading Strategy of Wind Power Producer Using Virtual Bidding
    Xiao, Dongliang
    AlAshery, Mohamed Kareem
    Wei, Qiao
    JOURNAL OF MODERN POWER SYSTEMS AND CLEAN ENERGY, 2022, 10 (03) : 766 - 778
  • [4] Optimal Price-maker Trading Strategy of Wind Power Producer Using Virtual Bidding
    Dongliang Xiao
    Mohamed Kareem Al Ashery
    Wei Qiao
    Journal of Modern Power Systems and Clean Energy, 2022, 10 (03) : 766 - 778
  • [5] Optimal bidding strategy of a wind power producer in Chinese spot market considering green certificate trading
    Qunli Wu
    Xinyu Zhu
    Environmental Science and Pollution Research, 2024, 31 : 13426 - 13441
  • [6] Optimal bidding strategy of a wind power producer in Chinese spot market considering green certificate trading
    Wu, Qunli
    Zhu, Xinyu
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2024, 31 (09) : 13426 - 13441
  • [7] Research on Wind & Thermal Power Joint Bidding Strategy Considering Penalties for Wind Power's Bidding Deviation
    Li Xiufeng
    Zhu Jizhong
    Xie Pingping
    Xuan Peizheng
    Zou Jin
    Zhang Lulu
    Yan Wenlin
    Wu Yang
    2018 2ND IEEE CONFERENCE ON ENERGY INTERNET AND ENERGY SYSTEM INTEGRATION (EI2), 2018,
  • [8] A distributionally robust bidding strategy for a wind power plant
    Han, Xuejiao
    Kardakos, Evangelos G.
    Hug, Gabriela
    ELECTRIC POWER SYSTEMS RESEARCH, 2019, 177
  • [9] Benefits of Demand Response on a Wind Power Producer Bidding Strategy
    Simoglou, Christos K.
    Kardakos, Evaggelos G.
    Bakirtzis, Anastasios G.
    2015 IEEE EINDHOVEN POWERTECH, 2015,
  • [10] Optimal bidding strategy with the inclusion of wind power supplier in an emerging power market
    Singh, Satyendra
    Fozdar, Manoj
    IET GENERATION TRANSMISSION & DISTRIBUTION, 2019, 13 (10) : 1914 - 1922