On optimal participation in the electricity markets of wind power plants with battery energy storage systems

DOI10.1016/j.cor.2018.03.004zbMath1458.91156OpenAlexW2794671872MaRDI QIDQ1652692

Cristina Corchero, Marlyn D. Cuadrado, F.-Javier Heredia

Publication date: 11 July 2018

Published in: Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/2117/118479

zbMATH Keywords

stochastic programmingelectricity marketswind power generationancillary services marketbattery energy storage systemsvirtual power plants

Mathematics Subject Classification ID

Stochastic programming (90C15) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Related Items

Optimal bidding functions for renewable energies in sequential electricity markets, Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming, Optimal bidding of a virtual power plant on the Spanish day-ahead and intraday market for electricity, Hedging the risk of wind power production using dispatchable energy source, On electricity market equilibria with storage: modeling, uniqueness, and a distributed ADMM

Uses Software

• CPLEX

Cites Work

• Scenario tree modeling for multistage stochastic programs
• Optimal capacity allocation in multi-auction electricity markets under uncertainty
• A multistage formulation for generation companies in a multi-auction electricity market