The gas system in Europe is facing increasing unpredictability due to the interactions with the electricity generation system. Indeed, gas fired power plants make up an important back-up technology to deal with intermittency induced by wind-power integration. Therefore, the flexibility needs...

This paper presents the development of a method to determine the value of forecasting (for load, wind power, etc.) in electricity-generation. An adaptive unit commitment (UC) strategy has been developed for this aim. An electricity generator faces demand with a given uncertainty. Forecasts are...

Notwithstanding its variability and limited controllability, wind power is expected to contribute strongly to electricity generation from renewable energy sources in the coming decades. Treating wind power as non-dispatchable by subtracting its output from the original load profile, results in a...