Monday, 15:45 - 16:10 h, Room: MA 549

 

Bruno Fanzeres
Backing up wind power firm contract sales on hydro generation with stochastic optimization: A Brazilian case study

Coauthors: Lucas Amaral, Bruno Freire, Delberis Lima, Alexandre A. Street, Bianca Veiga

 

Abstract:
In this case study, a wind power producer (WPP) backs up a contract sell in the forward market on a small run-of-river hydro (SH) Genco production. The model determines the amount of SH participation and the WPP willingness to contract. To achieve this goal, a joint wind-inflow statistical model is used to simulate renewable resources consistently with a set of simulated scenarios of short-term prices provided by an independent dispatch simulation tool. Such methodology is able to couple both sets of independently simulated scenarios such that a joint contracting opportunity can be evaluated and optimized.

 

Talk 2 of the invited session Mon.3.MA 549
"Optimisation models for renewables integration" [...]
Cluster 18
"Optimization in energy systems" [...]

 

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