Integrated offering strategy for profit enhancement of distributed resources and demand response in microgrids considering system uncertainties

Energy Conversion and Management

Volumn 87, Issue , 2014, Pages 765-777

  Shayeghi, H ^a   Sobhani, B ^a  

^a UNIVERSITY OF MOHAGHEGH ARDABILI   (Iran)

Author keywords

Demand response; Integrated bidding strategy; Stochastic programming; Wind and solar system

Indexed keywords

COSTS; DISTRIBUTED POWER GENERATION; OPTIMIZATION; STOCHASTIC PROGRAMMING; UNCERTAINTY ANALYSIS; VIRTUAL STORAGE; DIGITAL STORAGE; ELECTRIC POWER DISTRIBUTION; ELECTRIC POWER GENERATION; STOCHASTIC SYSTEMS;

BIDDING STRATEGY; DEMAND RESPONSE; DISTRIBUTED RESOURCES; OPTIMIZATION MODELING; PROBABILISTIC APPROACHES; SYSTEM UNCERTAINTIES; UNCERTAINTY VARIABLES; WIND AND SOLAR SYSTEMS;

COMMERCE;

EID: 84907313784     PISSN: 01968904     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enconman.2014.07.068     Document Type: Article

References (29)

1. S. Anbazhagan, and N. Kumarappan Day-ahead deregulated electricity market price forecasting using neural network input featured by DCTO Energy Convers Manage 78 2014 711 719
2. Kailash Chand Sharma, Rohit Bhakar, and H.P. Tiwari Strategic bidding for wind power producers in electricity markets Energy Convers Manage 86 2014 259 267
3. E. Bitar, R. Rajagopal, P. Khargonekar, K. Poolla, and P. Varaiya Bringing wind energy to market IEEE Trans Power Syst 27 3 2012 1225 1235
4. H.M.I. Pousinhoa, V.M.F. Mendesc, and J.P.S. Catalão A stochastic programming approach for the development of offering strategies for a wind power producer Electric Power Syst Res 89 2012 45 53
5. Z. Guo, W. Zhao, H. Lu, and J. Wang Multi-step forecasting for wind speed using a modified EMD-based artificial neural network model Renewable Energy 37 2012 241 249
6. Zhenhai. Guo, Dezhong. Chi, Wu. Jie, and Wenyu. Zhang A new wind speed forecasting strategy based on the chaotic time series modelling technique and the Apriori algorithm Energy Convers Manage 84 2014 140 151
7. P. Bacher, H. Madsen, and H.A. Nielsen Online short-term solar power forecasting Sol Energy 83 10 2009 1772 1783
8. Y. Jiang, Z. Song, and A. Kusiak Very short-term wind speed forecasting with Bayesian structural break model Renewable Energy 50 2013 637 647
9. Bourry F, Kariniotakis G. Strategies for wind power trading in sequential hortterm electricity markets. European wind energy conference, Marseille, France; 2009.
10. J. Liang, S. Grijalva, and R.G. Harley Increased wind revenue and system security by trading wind power in energy and regulation reserve markets IEEE Trans Sustain Energy 2 2011 340 347
11. R. Dominguez, L. Baringo, and A.J. Conejo Optimal offering strategy for a concentrating solar power plant Appl Energy 98 2012 316 325
12. J.I. Muñoz, J. Contreras, J. Caamaño, and P.F. Correia A decision-making tool for project investments based on real options: the case of wind power generation Ann Oper Res 186 1 2011 465 490
13. M.A. Moreno, M. Bueno, and J. Usaola Evaluating risk-constrained bidding strategies in adjustment spot markets for wind power producers Electrical Power Energy Syst 43 2012 703 711
14. A. Dukpa, I. Duggal, B. Venkatesh, and L. Chang Optimal participation and risk mitigation of wind generators in an electricity market IET Renew Power Gener 4 2 2010 165 175
15. A. Jaramillo Duque, E. Castronuovo, I. Sánchez, and J. Usaola Optimal operation of a pumped-storage hydro plant that compensates the imbalances of a wind power producer Electr Power Syst Res 81 9 2011 1767 1777
16. A.T. Al-Awami, and M. El-Sharkawi Coordinated trading of wind and thermal energy IEEE Trans Sustain Energy 2 3 2011 277 287
17. M. Mohammadi, S.H. Hosseinian, and G.B. Gharehpetian Optimization of hybrid solar energy sources/wind turbine systems integrated to utility grids as microgrid (MG) under pool/bilateral/hybrid electricity market using PSO Sol Energy 86 2011 112 125
18. M. Wittmanna, M. Ecka, R. Pitz-Paalb, and H.M. Steinhagena Methodology for optimized operation strategies of solar thermal power plants with integrated heat storage Sol Energy 85 4 2011 653 659
19. J. Mohammadi, A. Rahimi-Kian, and M.S. Ghazizadeh Aggregated wind power and flexible load offering strategy IET Renew Power Gener 5 6 2011 439 447
20. M. Parvania, and M. Fotuhi-Firuzabad Integrating load reduction into wholesale energy market with application to wind power integration IEEE Syst J 6 1 2012 35 45
21. H. Shayeghi, and A. Ghasemi Day-ahead electricity prices forecasting by a modified CGSA technique and hybrid WT in LSSVM based scheme Energy Convers Manage 74 2013 482 491
22. I. Svalina, V. Galzina, R. Lujić, and G. Šimunović An adaptive network-based fuzzy inference system (ANFIS) for the forecasting: The case of close price indices Expert Syst Appl 40 15 2013 6055 6063
23. S. Anbazhagan, and N. Kumarappan Day-ahead deregulated electricity market price forecasting using neural network input featured by DCT Energy Convers Manage 78 2014 711 719
24. W.M. Lin, H.J. Gowa, and M.T. Tsai Electricity price forecasting using enhanced probability neural network Energy Convers Manage 51 2010 2707 2714
25. M. Shafie-khah, M. Parsa Moghaddam, and M.K. Sheikh-El-Eslami Price forecasting of day-ahead electricity markets using a hybrid forecast method Energy Convers Manage 52 2011 2165 2169
26. < http://www.esios.ree.es/web-publica/ >.
27. < http://www.sotaventogalicia.com/index.php >.
28. < http://www.solargis.info >.
29. M.F. Khodayar, M. Barati, and Mohammad. Shahidehpour Integration of high reliability distribution system in microgrid operation IEEE Trans Smart Grid 3 2012 1997 2006