A game-theoretic analysis of wind power generator bidding strategies in electricity markets

Authors
Xia, Yu
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Other Contributors
Chow, J. H. (Joe H.), 1951-
Wang, Meng
Kar, Koushik
Mitchell, John E.
Issue Date
2016-12
Keywords
Electrical engineering
Degree
PhD
Terms of Use
This electronic version is a licensed copy owned by Rensselaer Polytechnic Institute, Troy, NY. Copyright of original work retained by author.
Full Citation
Abstract
Third, we provide a systematic analysis of optimal WPG biddind strategies in the presence of energy storage. Electricity demand and wind resources have negative temporal correlation. Thus large energy price fluctuation over time can be expected with significant wind energy penetration. In this study, energy storage is applied for inter-temporal arbitrage to help increase WPG's revenue. In addition, the competition games between WPG and energy storage are also investigated.
Description
December 2016
School of Engineering
Department
Dept. of Electrical, Computer, and Systems Engineering
Publisher
Rensselaer Polytechnic Institute, Troy, NY
Relationships
Rensselaer Theses and Dissertations Online Collection
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