Conference paper
A stochastic unit-commitment model for the evaluation of the impacts of integration of large amounts of intermittent wind power
A large share of integrated wind power causes technical and financial impacts on the operation of the existing electricity system due to the fluctuating behaviour and unpredictability of wind power. The presented stochastic bottom-up electricity market model optimises the unit commitment considering five kinds of markets and taking explicitly into account the stochastic behaviour of the wind power generation and of the prediction error.
It can be used for the evaluation of varying electricity prices and system costs due to wind power integration and for the investigation of integration measures.
| Language: | English |
|---|---|
| Publisher: | Royal Institute of Technology |
| Year: | 2006 |
| Pages: | 1-8 |
| Proceedings: | 9th International Conference on Probabilistic Methods Applied to Power Systems |
| ISBN: | 917178585X , 917178585x and 9789171785855 |
| Types: | Conference paper |
| DOI: | 10.1109/PMAPS.2006.360195 |
Capacity planning Cogeneration Electricity supply industry Energy storage Fuel storage Solar heating Stochastic processes Water heating Water storage Wind energy costing electricity market electricity markets electricity pricing electricity system operation energy management integration intermittent wind power generation power generation economics power generation scheduling power markets pricing recourse planning renewable energy sources stochastic optimisation stochastic programming stochastic unit-commitment model wind power wind power integration wind power plants
