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

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorTavakkoli, Mehdien_US
dc.contributor.authorFattaheian-Dehkordi, Sajjaden_US
dc.contributor.authorPourakbari-Kasmaei, Mahdien_US
dc.contributor.authorLiski, Mattien_US
dc.contributor.authorLehtonen, Mattien_US
dc.contributor.departmentDepartment of Electrical Engineering and Automationen
dc.contributor.departmentDepartment of Economicsen
dc.contributor.groupauthorPower Systems and High Voltage Engineeringen
dc.date.accessioned2020-12-31T08:47:09Z
dc.date.available2020-12-31T08:47:09Z
dc.date.issued2022-03en_US
dc.description.abstractWind 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.description.versionPeer revieweden
dc.format.extent12
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationTavakkoli, 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.2020.3032656en
dc.identifier.doi10.1109/JSYST.2020.3032656en_US
dc.identifier.issn1932-8184
dc.identifier.issn1937-9234
dc.identifier.otherPURE UUID: bb7275b0-3295-4e32-9ee3-c68d9bf9a58cen_US
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/bb7275b0-3295-4e32-9ee3-c68d9bf9a58cen_US
dc.identifier.otherPURE LINK: http://www.scopus.com/inward/record.url?scp=85096821842&partnerID=8YFLogxKen_US
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/54480093/ELEC_Tavakkoli_etal_An_Approach_to_Divide_IEEESysJou_2020_acceptedauthormanuscript.pdfen_US
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/101601
dc.identifier.urnURN:NBN:fi:aalto-2020123160422
dc.language.isoenen
dc.publisherIEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
dc.relation.ispartofseriesIEEE Systems Journalen
dc.rightsopenAccessen
dc.subject.keywordWind power producersen_US
dc.subject.keywordEnergy marketen_US
dc.subject.keywordOptimization programmingen_US
dc.subject.keywordReserve marketen_US
dc.titleAn Approach to Divide Wind Power Capacity Between Day-Ahead Energy and Intraday Reserve Power Marketsen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionacceptedVersion
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