A distributionally robust bidding strategy for a wind power plant

•Distributionally robust optimization is applied to bidding strategy optimization.•Ambiguity of the distribution of uncertain wind forecast error is introduced.•The wind power plant is modeled as a price-maker in the day-ahead market and a deviator in the balancing market by using a stochastic bi-le...

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Veröffentlicht in:	Electric power systems research 2019-12, Vol.177, p.105986, Article 105986
Hauptverfasser:	Han, Xuejiao, Kardakos, Evangelos G., Hug, Gabriela
Format:	Artikel
Sprache:	eng
Schlagworte:	Bidding Distributed energy resources Distributionally robust optimization Electric power generation Integer programming Linear decision rule Mathematical program with equilibrium constraints Optimization Power plants Robustness Stochastic models Wind power
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