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• W1928142011 abstract "Energy conversion from renewable energy has been possible due to extra-market supporting policies. The extra-market approach survives for low penetration levels, but as energy from wind penetration increases the extra-market policies are expected to become untenable. A wind power producer (WPP) should expect full competition in deregulated electricity market, i.e., has to have an offer strategy to be competitive. A WPP has to face uncertainties on available wind energy and market prices. Uncertainties have to be conveniently addressed; otherwise a decrease on the financial results is expected. A stochastic programming approach is presented to suitable address those uncertainties. The problem formulation is approached in the way of writing equations in order to benefit from the well-established mixed integer linear program (MILP) solvers in order to compute an offering strategy. A case study with data from the Iberian Electricity Market is used to illustrate the effectiveness of the proposed approach." @default.
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• W1928142011 date "2015-09-01" @default.
• W1928142011 modified "2023-09-26" @default.
• W1928142011 title "Offer strategy for a wind power producer in day-ahead market" @default.
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• W1928142011 doi "https://doi.org/10.1109/eurocon.2015.7313683" @default.
• W1928142011 hasPublicationYear "2015" @default.
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