Optimal Hydro-Wind Power Generation for Day-Ahead Pool Market

@article{Silva2015OptimalHP,
  title={Optimal Hydro-Wind Power Generation for Day-Ahead Pool Market},
  author={A. J. C. Silva and S. J. P. S. Mariano and M. R. A. Calado},
  journal={IEEE Latin America Transactions},
  year={2015},
  volume={13},
  pages={2630-2636}
}
Wind power production is uncertain. The imbalance between power committed and delivered on pool markets produces increased costs on the system, which must be paid by defaulting producers, decreasing their revenues. In order to invert this situation wind producers may submit their bids join with hydro resources, due to their availability. This paper proposes… CONTINUE READING