Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine

Wind energy is one of the most important renewable energies in the present and future. However, one of the significant challenges is offering the amount of generation and generation price in the next-day market because, on the one hand, this energy has nonlinear behavior, and on the other hand, any...

Full description

Saved in:
Bibliographic Details
Main Authors: Behnam Sobhani, Sadegh Afzal
Format: Article
Language:English
Published: Bilijipub publisher 2022-04-01
Series:Advances in Engineering and Intelligence Systems
Subjects:
Online Access:https://aeis.bilijipub.com/article_147971_bc1c49b3b9d6f4450c837e05748dd5d4.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1823856395096686592
author Behnam Sobhani
Sadegh Afzal
author_facet Behnam Sobhani
Sadegh Afzal
author_sort Behnam Sobhani
collection DOAJ
description Wind energy is one of the most important renewable energies in the present and future. However, one of the significant challenges is offering the amount of generation and generation price in the next-day market because, on the one hand, this energy has nonlinear behavior, and on the other hand, any imbalance between forecast and generation results in the generation unit being fined. In this paper, a method is presented to propose wind turbine generation by increasing the forecast accuracy and combination with flexible load and uncertainties. This increases the revenue of the wind generator companies and consumers and guarantees the connection of wind generators. In fact, in this paper, the agreed price between the wind and load is flexible so this agreed performance will be beneficial to both wind generation and the elastic load. In this modeling, first, the system equations in the market are written and merged. To increase the revenue, the uncertainties are considered, and it is shown that their effect can change the gain in wind turbine and load. The price and wind prediction will be conducted using one of the previous methods, and the primary purpose here is to increase the system revenue. To sum up, this paper introduces the integrated offering strategy model for wind turbines, and the demand response to the support of wind turbines in the power market is proposed. This strategy aims to increase renewable generations and demand profits in the day-ahead market. In this paper, the suggestions include the integrated offering of power, uncertainty modeling, using the neural-fuzzy model for predictions, flexible loads, etc. are proposed to achieve the optimal profits. Modeling is done using the MATLAB application to calculate Spain's wind and price information in Spain, and the performance output results are demonstrated thoroughly.
format Article
id doaj-art-03b4855a4b434ab8abcfe62e99eceee4
institution Kabale University
issn 2821-0263
language English
publishDate 2022-04-01
publisher Bilijipub publisher
record_format Article
series Advances in Engineering and Intelligence Systems
spelling doaj-art-03b4855a4b434ab8abcfe62e99eceee42025-02-12T08:46:07ZengBilijipub publisherAdvances in Engineering and Intelligence Systems2821-02632022-04-0100101132110.22034/aeis.2022.147971147971Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind TurbineBehnam Sobhani0Sadegh Afzal1School of Electrical Engineering, Iran University of Science and Technology, Tehran, 1684613114, IranDepartment of Mechanical Engineering, University of Mohaghegh Ardabili, Ardabil, 5619911367, IranWind energy is one of the most important renewable energies in the present and future. However, one of the significant challenges is offering the amount of generation and generation price in the next-day market because, on the one hand, this energy has nonlinear behavior, and on the other hand, any imbalance between forecast and generation results in the generation unit being fined. In this paper, a method is presented to propose wind turbine generation by increasing the forecast accuracy and combination with flexible load and uncertainties. This increases the revenue of the wind generator companies and consumers and guarantees the connection of wind generators. In fact, in this paper, the agreed price between the wind and load is flexible so this agreed performance will be beneficial to both wind generation and the elastic load. In this modeling, first, the system equations in the market are written and merged. To increase the revenue, the uncertainties are considered, and it is shown that their effect can change the gain in wind turbine and load. The price and wind prediction will be conducted using one of the previous methods, and the primary purpose here is to increase the system revenue. To sum up, this paper introduces the integrated offering strategy model for wind turbines, and the demand response to the support of wind turbines in the power market is proposed. This strategy aims to increase renewable generations and demand profits in the day-ahead market. In this paper, the suggestions include the integrated offering of power, uncertainty modeling, using the neural-fuzzy model for predictions, flexible loads, etc. are proposed to achieve the optimal profits. Modeling is done using the MATLAB application to calculate Spain's wind and price information in Spain, and the performance output results are demonstrated thoroughly.https://aeis.bilijipub.com/article_147971_bc1c49b3b9d6f4450c837e05748dd5d4.pdfdemand response modellingwind turbinesintegrated offering strategyunbalance marketdaily marketneural fuzzy
spellingShingle Behnam Sobhani
Sadegh Afzal
Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
Advances in Engineering and Intelligence Systems
demand response modelling
wind turbines
integrated offering strategy
unbalance market
daily market
neural fuzzy
title Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
title_full Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
title_fullStr Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
title_full_unstemmed Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
title_short Combinatorial Price Offer for a Wind Turbine with Flexible Load Considering the Uncertainty to Increase the Benefit of Wind Turbine
title_sort combinatorial price offer for a wind turbine with flexible load considering the uncertainty to increase the benefit of wind turbine
topic demand response modelling
wind turbines
integrated offering strategy
unbalance market
daily market
neural fuzzy
url https://aeis.bilijipub.com/article_147971_bc1c49b3b9d6f4450c837e05748dd5d4.pdf
work_keys_str_mv AT behnamsobhani combinatorialpriceofferforawindturbinewithflexibleloadconsideringtheuncertaintytoincreasethebenefitofwindturbine
AT sadeghafzal combinatorialpriceofferforawindturbinewithflexibleloadconsideringtheuncertaintytoincreasethebenefitofwindturbine