Network constrained model for options based reserve procurement by wind generators using binomial tree

Wind energy is a key portion of most clean and green energy strategy. However, wind energy is intermittent and uncertain. This uncertainty poses a techno-economic challenge of sourcing the least costing load balancing service (reserve). This paper looks to develop solutions for this challenge.

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Year of publication:	2015
Authors:	Ghaffari, Reza ; Venkatesh, Bala
Published in:	Renewable Energy. - Elsevier, ISSN 0960-1481. - Vol. 80.2015, C, p. 348-358
Publisher:	Elsevier
Subject:	Financial options \| Reserve procurement \| Forecast error

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011263806