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Scenarios of short-term wind power generation are becoming increasingly popular as input to multistage decision-making problems e.g. multivariate stochastic optimization and stochastic programming. The quality of these scenarios is intuitively expected to substantially impact the benefits from...
Persistent link: https://www.econbiz.de/10010702570
An advanced control system for the optimal operation and management of autonomous wind-diesel systems is presented. This system minimises the production costs through an on-line optimal scheduling of the power units, which takes into account the technical constraints of the diesel units, as well...
Persistent link: https://www.econbiz.de/10010804609
Optimal management and trading of wind generation calls for the providing of uncertainty estimates along with the commonly provided short-term wind power point predictions. Alternative approaches for the use of probabilistic forecasting are introduced. More precisely, focus is given to...
Persistent link: https://www.econbiz.de/10008919401