Risk-averse profit-based optimal operation strategy of a combined wind farm-cascade hydro system in an electricity market

Renewable Energy

Volumn 55, Issue , 2013, Pages 252-259

  Moghaddam, Iman Gerami ^a   Nick, Mostafa ^b   Fallahi, Farhad ^b   Sanei, Mohsen ^a   Mortazavi, Saeid ^a  

^a SHAHID CHAMRAN UNIVERSITY OF AHVAZ   (Iran)

^b NIROO RESEARCH INSTITUTE   (Iran)

Author keywords

Cascade hydro system; Electricity market; Risk aversion; Virtual power plant; Wind power

Indexed keywords

BIDDING STRATEGY; CONDITIONAL VALUE-AT-RISK; DAY-AHEAD SCHEDULING; ELECTRICITY MARKET; GENERATION COMPANIES; HYDRO PLANTS; HYDRO-SYSTEM; MARKET MECHANISMS; MIXED-INTEGER LINEAR PROGRAMMING; OPERATIONAL PLANNING; OPTIMAL OPERATION; OPTIMAL OPERATION STRATEGY; OPTIMIZATION PROBLEMS; PENALTY COEFFICIENT; RISK AVERSION; STORAGE FACILITIES; TWO-STAGE STOCHASTIC PROGRAMMING; VIRTUAL POWER PLANTS; WIND FARM; WIND POWER FORECAST; WIND POWER VARIATIONS;

ELECTRIC INDUSTRY; ELECTRIC UTILITIES; OPTIMIZATION; POWER PLANTS; PROFITABILITY; STOCHASTIC MODELS; STOCHASTIC PROGRAMMING;

WIND POWER;

DECISION MAKING; ELECTRICITY GENERATION; ELECTRICITY INDUSTRY; MARKET; OPTIMIZATION; RISK ASSESSMENT; STOCHASTICITY; STRATEGIC APPROACH; WIND FARM;

EID: 84872917714     PISSN: 09601481     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.renene.2012.12.023     Document Type: Article

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