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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.

Keywords

Stochastic Mixed integer linear programming Wind-thermal 

Notes

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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Authors and Affiliations

  • Rui Laia
    • 1
    • 2
  • Hugo M. I. Pousinho
    • 1
  • Rui Melício
    • 1
    • 2
    Email author
  • Victor M. F. Mendes
    • 2
    • 3
    • 4
  1. 1.IDMEC, Instituto Superior TécnicoUniversidade de LisboaLisbonPortugal
  2. 2.Departamento de Física, Escola de Ciências e TecnologiaUniversidade de ÉvoraÉvoraPortugal
  3. 3.Instituto Superior de Engenharia de LisboaLisbonPortugal
  4. 4.C‐MAST Center for Mechanical and Aerospace Sciences and TechnologyLisbonPortugal

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