Analytical Model of Day-ahead and Real-time Price Correlation in Strategic Wind Power Offering
In this paper, the model of strategic wind power offering in the day-ahead (DA) market is proposed considering the uncertainties of wind power production, and price forecasting of DA and real-time (RT) market. The wind power deviation in the RT market is settled with the two-price mechanism based on...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
IEEE
2020-01-01
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Series: | Journal of Modern Power Systems and Clean Energy |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/9169982/ |