The paper assesses bidding strategies for a wind power producer in the Netherlands.To this end, a three-stages tochastic optimization framework is used, maximizing wind power producer’s profit using the day-ahead and cross-border intraday market, taking into account available interconnection capacity. Results show that the wind power producer can increase its profits by trading on the intraday market and - under certain imbalance prices - by intentionally creating imbalances. It has been considered uncertainties about prices, power forecast and interconnection capacity at the day - ahead and intraday time frames.
Keywords: Bidding strategies, wind power, stochastic programming
Índice de impacto JCR y cuartil WoS: 2.696 - Q1 (2013); 5.042 - Q1 (2019)
Referencia DOI: 10.1016/j.enpol.2012.10.011
Publicado en papel: Enero 2013.
J.P. Chaves, R.A. Hakvoort, A. Ramos. Short-term strategies for Dutch wind power producers to reduce imbalance costs. Energy Policy. vol. 52, pp. 573-582, Enero 2013.