학술논문

Valuing Uncertainties in Wind Generation: An Agent-Based Optimization Approach
Document Type
Conference
Author
Source
2023 American Control Conference (ACC) American Control Conference (ACC), 2023. :1237-1242 May, 2023
Subject
Aerospace
Bioengineering
Power, Energy and Industry Applications
Robotics and Control Systems
Transportation
Wind energy generation
Renewable energy sources
Uncertainty
Wind energy
Production
Generators
Wind forecasting
Language
ISSN
2378-5861
Abstract
The increasing integration of variable renewable energy sources such as wind and solar will require new methods of managing generation uncertainty. Existing practices of uncertainty management for these resources largely focuses around modifying the energy offers of such resources in the quantity domain and from a centralized system operator consideration of these uncertainties. This paper proposes an approach to instead consider these uncertainties in the price domain, where more uncertain power is offered at a higher price instead of restricting the quantity offered. We demonstrate system-level impacts on a modified version of the RTS-GMLC system where wind generators create market offers valuing their uncertainties over scenario set of day-ahead production forecasts. The results are compared with a dispatch method in which wind energy is offered at zero marginal price and restricted based on the forecast percentile.