Evaluation of the uncertainty in the scheduling of a wind and storage power plant participating in day-ahead and reserve markets

Increase the participation of wind energy in the power market is of paramount importance to increase the penetration of wind energy in the power systems. To adress this issue, we propose a system consisting on a wind farm and a generic energy storage system and develop a deterministic model of such a plant participating in day-ahead and reserve markets used to decide the operation strategy of the system and to evaluate the cost of the uncertainty linked to several parameters of the model. The resulting model is a deterministic Mixed Integer Convex Program and is used to analyze a real-world case of a wind farm located in northwestern Spain.