Integrating Renewables in Electricity Markets Operational Problems /

• Main Authors: Morales, Juan M. (Author), Conejo, Antonio J. (Author), Madsen, Henrik (Author), Pinson, Pierre (Author), Zugno, Marco (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US : Imprint: Springer, 2014.
• Series: International Series in Operations Research & Management Science, 205
• Subjects: Business.; Operations research.; Decision making.; Management science.; Power electronics.; Business and Management.; Operation Research/Decision Theory.; Power Electronics, Electrical Machines and Networks.; Operations Research, Management Science.

This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout elect...

Table of Contents:

• Introduction
• Renewable Energy Sources - Modeling and Forecasting
• Clearing the Day-Ahead Market with a High Penetration of Stochastic Production
• Balancing Markets
• Managing Uncertainty with Flexibility
• Impact of Stochastic Renewable Energy Generation on Market Quantities
• Trading Stochastic Production in Electricity Pools
• Virtual Power Plants
• Facilitating Renewable Integration by Demand Response
• Random Variables and Stochastic Processes
• Basics of Optimization
• Introduction to Stochastic Programming
• Introduction to Robust Optimization
• GAMS Codes.