Assessment of ramping cost for independent power producers using firefly algorithm and gray wolf optimization
Sign Up to like & getrecommendations! Published in 2018 at "Cluster Computing"
DOI: 10.1007/s10586-018-2045-y
Abstract: In Deregulated Environment, all the independent power producers (IPP) are clustered in nature and they were operated in unison condition to meet out the cluster load demand of various levels of consumers in continuous 24 hours… read more here.
Keywords: independent power; cost; power; cost independent ... See more keywords
Participation of photovoltaic power producers in short-term electricity markets based on rescheduling and risk-hedging mapping
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DOI: 10.1016/j.apenergy.2020.114741
Abstract: Abstract Optimal bidding that considers different electricity market floors can increase the financial gains of photovoltaic (PV) power producers. However, the current approach to trading PV power essentially consists of committing to sell the forecasted… read more here.
Keywords: photovoltaic power; market; electricity; power producers ... See more keywords
An Approach to Divide Wind Power Capacity Between Day-Ahead Energy and Intraday Reserve Power Markets
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DOI: 10.1109/jsyst.2020.3032656
Abstract: Wind power producers have recently gained a significant penetration in the electric power network, which might cause some challenges for the system operation due to the uncertainties in the generated power. In this way, wind… read more here.
Keywords: capacity; conventional generators; energy; power ... See more keywords
Hedging Volumetric Risks of Solar Power Producers Using Weather Derivative Smart Contracts on a Blockchain Marketplace
Sign Up to like & getrecommendations! Published in 2022 at "IEEE Transactions on Smart Grid"
DOI: 10.1109/tsg.2022.3181256
Abstract: The vulnerability of solar power producers to sunshine fluctuations exposes them to the volumetric risk that future electricity generation may deviate from predicted generation. Weather derivatives have recently emerged as a tool for hedging the… read more here.
Keywords: solar power; hedging volumetric; volumetric risks; power ... See more keywords
Self-Scheduling Approach to Coordinating Wind Power Producers With Energy Storage and Demand Response
Sign Up to like & getrecommendations! Published in 2020 at "IEEE Transactions on Sustainable Energy"
DOI: 10.1109/tste.2019.2920884
Abstract: The uncertainty of wind energy makes wind power producers (WPPs) incur profit/loss due to balancing costs in electricity markets, a phenomenon that restricts their participation in markets. This paper proposes a stochastic bidding strategy based… read more here.
Keywords: energy storage; power producers; demand response; power ... See more keywords