Title Optimal Wind Reversible Hydro Offering Strategies for Midterm Planning
Authors SÁNCHEZ DE LA NIETA LÓPEZ, AGUSTÍN ALEANDRO, Contreras, Javier , Ignacio Munoz, Jose , Catalao, Joao P. S.
External publication Si
Means IEEE Trans. Sustainable Energy
Scope Article
Nature Científica
JCR Quartile 1
SJR Quartile 1
JCR Impact 3.72700
SJR Impact 2.71700
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-84960269786&doi=10.1109%2fTSTE.2015.2437974&partnerID=40&md5=597a75f525def78eb14f49f292e533fc
Publication date 01/10/2015
ISI 000361680800019
Scopus Id 2-s2.0-84960269786
DOI 10.1109/TSTE.2015.2437974
Abstract A coordinated strategy between wind and reversible hydro units for the midterm planning that reduces the imbalance of wind power and improves system efficiency is proposed. A stochastic mixed integer linear model is used, which maximizes the joint profit of wind and hydro units, where conditional value at risk (CVaR) is used for model risk. The offering strategies studied are 1) separate wind and hydro pumping offer, where the units work separately without a physical connection and 2) a single wind and hydro pumping offer with a physical connection between them to store wind energy for future use. The effects of a coordinated wind-hydro strategy for midterm planning are analyzed, considering CVaR and the future water value. The future water value in the reservoirs is analyzed hourly for a period of 1 week and 2 months, in two realistic case studies.
Keywords Midterm planning; offering strategies; reversible hydro unit; wind power
Universidad Loyola members

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