Opportunity Cost Bidding by Wind Generators in Forward Markets: Analytical Results

By Chris J. Dent, Janusz W. Bialek, Benjamin F. Hobbs. IEEE Transactions on Power Systems, 2011

120 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Optimal Allocation of Energy Storage System for Risk Mitigation of DISCOs With High Renewable Penetrations (2014, background): “Thirdly, with integration of renewables, DISCOs can sell excess energy back to pool market by deriving optimal contract under arbitrary penalty [9]–[11].”
Wind Power Trading Under Uncertainty in LMP Markets (2012, methodology): “[11] derive analytical wind power bidding strategies under the assumption of a continuous probability distribution for wind power.”
Pool Strategy of a Price-Maker Wind Power Producer (2013, background): “Recently, [3] and [11] have shown further analytical results on the problem of trading wind as a price-taker.”
Bringing Wind Energy to Market (2012, background): “[15] extend the quantile result of [32] by allowing for stochastic correlation between the wind and imbalance prices.”
Coordinated Bidding Strategy of Wind Farms and Power-to-Gas Facilities Using a Cooperative Game Approach (2020, background): “Correlation between wind power and imbalance prices is considered in the strategy proposed in [9].”