Abstract
This paper is about the joint operation of wind power with thermal power for bidding in day-ahead electricity market. Start-up and variable costs of operation, start-up/shut-down ramp rate limits, and ramp-up limit are modeled for the thermal units. Uncertainty not only due to the electricity market price, but also due to wind power is handled in the context of stochastic mix integer linear programming. The influence of the ratio between the wind power and the thermal power installed capacities on the expected profit is investigated. Comparison between joint and disjoint operations is discussed as a case study.
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10 October 2016
The original version of the book was published with a non-functional reference link in Chapter 14. The correction chapter has been updated with the change.
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Acknowledgments
This work is funded by Portuguese Funds through the Foundation for Science and Technology-FCT under the project LAETA 2015‐2020, reference UID/EMS/50022/2013; FCT Research Unit nº 151 C‐MAST Center for Mechanical and Aerospace Sciences and Technology.
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Laia, R., Pousinho, H.M.I., Melício, R., Mendes, V.M.F. (2017). Optimal Scheduling of Joint Wind-Thermal Systems. In: Graña, M., López-Guede, J.M., Etxaniz, O., Herrero, Á., Quintián, H., Corchado, E. (eds) International Joint Conference SOCO’16-CISIS’16-ICEUTE’16. SOCO CISIS ICEUTE 2016 2016 2016. Advances in Intelligent Systems and Computing, vol 527. Springer, Cham. https://doi.org/10.1007/978-3-319-47364-2_14
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