Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6694308 | Applied Energy | 2012 | 10 Pages |
Abstract
⺠Bidding optimization for wind generators in electricity markets is analyzed. ⺠Agent-based modeling approach is for the first time adopted for this purpose. ⺠More accurate wind forecasts generate higher earnings for wind generators. ⺠Increasing wind penetration level can reduce the market clearing price. ⺠Wind generators can increase earnings by adopting learning algorithms.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Gong Li, Jing Shi,