Probabilistic bidding strategy for wind electricity generation

Probabilistic bidding strategy for wind electricity generation

The generation companies require a good bidding strategy in order to succeed in competitive power markets. For wind power plants, the available generation capacity is uncertain as it depends on the wind velocity. This introduces additional difficulty in the bidding task. In this thesis, a new probab...

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Main Author: Lau, Zhao Zhi.
Other Authors: Govinda Bol Shrestha
Format: Final Year Project
Language:English
Published: 2011
Subjects:
DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries
Online Access:http://hdl.handle.net/10356/45617
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-456172023-07-07T16:00:39Z Probabilistic bidding strategy for wind electricity generation Lau, Zhao Zhi. Govinda Bol Shrestha School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries The generation companies require a good bidding strategy in order to succeed in competitive power markets. For wind power plants, the available generation capacity is uncertain as it depends on the wind velocity. This introduces additional difficulty in the bidding task. In this thesis, a new probabilistic strategy for wind generation companies is determined based on the historical electrical price models and the historical wind speed data. Bachelor of Engineering 2011-06-15T07:48:36Z 2011-06-15T07:48:36Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/45617 en Nanyang Technological University 61 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries
spellingShingle DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries
Lau, Zhao Zhi.
Probabilistic bidding strategy for wind electricity generation
description The generation companies require a good bidding strategy in order to succeed in competitive power markets. For wind power plants, the available generation capacity is uncertain as it depends on the wind velocity. This introduces additional difficulty in the bidding task. In this thesis, a new probabilistic strategy for wind generation companies is determined based on the historical electrical price models and the historical wind speed data.
author2 Govinda Bol Shrestha
author_facet Govinda Bol Shrestha
Lau, Zhao Zhi.
format Final Year Project
author Lau, Zhao Zhi.
author_sort Lau, Zhao Zhi.
title Probabilistic bidding strategy for wind electricity generation
title_short Probabilistic bidding strategy for wind electricity generation
title_full Probabilistic bidding strategy for wind electricity generation
title_fullStr Probabilistic bidding strategy for wind electricity generation
title_full_unstemmed Probabilistic bidding strategy for wind electricity generation
title_sort probabilistic bidding strategy for wind electricity generation
publishDate 2011
url http://hdl.handle.net/10356/45617
_version_ 1772826560740458496

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