Probabilistic Method for Wind Production Forecasting and Energy Markets Trades Optimization in Power System with Large Wind Specific Gravity
Proceedings of the 12th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS 2012)
2012
Mario Turcik,
Irina Oleinikova,
Artjoms Obuševs,
Michal Kolcun
This article is related to an actual problem of electricity
markets, particularly to the impacts caused by wind production
integrated into generation portfolio. The methods and algorithms
which enable modeling and simulation of wind production taking
into account regional wind conditions to the final impact on
electricity market price are presented and demonstrated on
Baltic region in different development stages till 2020. New
probabilistic method for estimation of wind generation influence
to a electricity price formation is proposed in this paper as well
Keywords
wind generation; power system; energy market
Turcik, M., Oļeiņikova, I., Obuševs, A., Kolcun, M. Probabilistic Method for Wind Production Forecasting and Energy Markets Trades Optimization in Power System with Large Wind Specific Gravity. In: Proceedings of the 12th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS 2012), Turkey, Istanbul, 10-14 June, 2012. Istanbul: Istanbul Technical University, 2012, pp.134-139.
Publication language
English (en)