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An Approach to Divide Wind Power Capacity Between Day-Ahead Energy and Intraday Reserve Power Markets

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Tavakkoli, Mehdi
dc.contributor.author Fattaheian-Dehkordi, Sajjad
dc.contributor.author Pourakbari-Kasmaei, Mahdi
dc.contributor.author Liski, Matti
dc.contributor.author Lehtonen, Matti
dc.date.accessioned 2020-12-31T08:47:09Z
dc.date.available 2020-12-31T08:47:09Z
dc.date.issued 2022-03
dc.identifier.citation Tavakkoli , M , Fattaheian-Dehkordi , S , Pourakbari-Kasmaei , M , Liski , M & Lehtonen , M 2022 , ' An Approach to Divide Wind Power Capacity Between Day-Ahead Energy and Intraday Reserve Power Markets ' , IEEE Systems Journal , vol. 16 , no. 1 , pp. 1123-1134 . https://doi.org/10.1109/JSYST.2020.3032656 en
dc.identifier.issn 1932-8184
dc.identifier.issn 1937-9234
dc.identifier.other PURE UUID: bb7275b0-3295-4e32-9ee3-c68d9bf9a58c
dc.identifier.other PURE ITEMURL: https://research.aalto.fi/en/publications/bb7275b0-3295-4e32-9ee3-c68d9bf9a58c
dc.identifier.other PURE LINK: http://www.scopus.com/inward/record.url?scp=85096821842&partnerID=8YFLogxK
dc.identifier.other PURE FILEURL: https://research.aalto.fi/files/54480093/ELEC_Tavakkoli_etal_An_Approach_to_Divide_IEEESysJou_2020_acceptedauthormanuscript.pdf
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/101601
dc.description.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 power owners may offer different services, such as providing reserve capacity besides their conventional role of delivering just energy. Currently, conventional generators are the main responsible for providing some reserve in case of uncertainty in renewable generation and demand changes. Therefore, this article introduces a novel approach that allows wind power producers to participate in both energy and reserve markets alongside conventional generators. A two-stage stochastic programming model is deployed for this purpose and the proposed approach is examined on the IEEE RTS 24-bus. The simulation results demonstrate that for ensuring a higher level of reliability by the suggested scheme, both conventional generators and wind power producers will receive more revenue in both markets, although the demands should pay more. en
dc.format.extent 12
dc.format.mimetype application/pdf
dc.language.iso en en
dc.relation.ispartofseries IEEE Systems Journal en
dc.rights openAccess en
dc.title An Approach to Divide Wind Power Capacity Between Day-Ahead Energy and Intraday Reserve Power Markets en
dc.type A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä fi
dc.description.version Peer reviewed en
dc.contributor.department Power Systems and High Voltage Engineering
dc.contributor.department Department of Economics
dc.contributor.department Department of Electrical Engineering and Automation
dc.subject.keyword Wind power producers
dc.subject.keyword Energy market
dc.subject.keyword Optimization programming
dc.subject.keyword Reserve market
dc.identifier.urn URN:NBN:fi:aalto-2020123160422
dc.identifier.doi 10.1109/JSYST.2020.3032656
dc.type.version acceptedVersion

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