Aggregation platform for wind-pv-thermal technologies in electricity market

This paper addresses a stochastic Wind-PVThermal commitment to improve the bidding process of an aggregator in an electricity day-ahead market. The data for the wind and solar powers and for the market prices are given by a set of scenarios. Thermal units modeling includes start-up costs, variables...

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Bibliographic Details
Main Author: Gomes, Isaías (author)
Other Authors: Laia, Rui (author), Pousinho, Hugo (author), Melício, Rui (author), Mendes, Victor (author)
Format: lecture
Language:eng
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10174/23933
Country:Portugal
Oai:oai:dspace.uevora.pt:10174/23933
Description
Summary:This paper addresses a stochastic Wind-PVThermal commitment to improve the bidding process of an aggregator in an electricity day-ahead market. The data for the wind and solar powers and for the market prices are given by a set of scenarios. Thermal units modeling includes start-up costs, variables costs and bounds due to constraints of technical operation, such as: ramp up/down limits and minimum up/down time limits. The modeling is carried out in order to develop a management aggregation procedure based in a stochastic programming approach formulated as a mixed integer linear mathematical programming problem. A case study is addressed with market price from the Iberian Peninsula and comparison between disaggregated and aggregated bids is discussed to address the main conclusions.