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ANN based day-ahead ancillary services forecast for electricity market simulation

dc.contributor.authorFaria, Pedro
dc.contributor.authorVale, Zita
dc.contributor.authorSoares, João
dc.contributor.authorKhodr, H. M.
dc.contributor.authorCanizes, Bruno
dc.date.accessioned2013-05-16T10:19:51Z
dc.date.available2013-05-16T10:19:51Z
dc.date.issued2010
dc.date.updated2013-04-17T14:32:29Z
dc.description.abstractAdequate decision support tools are required by electricity market players operating in a liberalized environment, allowing them to consider all the business opportunities and take strategic decisions. Ancillary services (AS) represent a good negotiation opportunity that must be considered by market players. Based on the ancillary services forecasting, market participants can use strategic bidding for day-ahead ancillary services markets. For this reason, ancillary services market simulation is being included in MASCEM, a multi-agent based electricity market simulator that can be used by market players to test and enhance their bidding strategies. The paper presents the methodology used to undertake ancillary services forecasting, based on an Artificial Neural Network (ANN) approach. ANNs are used to day-ahead prediction of non-spinning reserve (NS), regulation-up (RU), and regulation down (RD). Spinning reserve (SR) is mentioned as past work for comparative analysis. A case study based on California ISO (CAISO) data is included; the forecasted results are presented and compared with CAISO published forecast.por
dc.identifierDOI 10.1109/MELCON.2010.5476367
dc.identifier.isbn978-1-4244-5793-9
dc.identifier.urihttp://hdl.handle.net/10400.22/1595
dc.language.isoengpor
dc.publisherIEEEpor
dc.relation.ispartofseriesMELECON
dc.relation.publisherversionhttp://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=5476367por
dc.subjectANNpor
dc.subjectAncillary servicespor
dc.subjectElectricity marketpor
dc.subjectSimulationpor
dc.titleANN based day-ahead ancillary services forecast for electricity market simulationpor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceValletta, Malta, 2010por
oaire.citation.titleMelecon 2010 - 15th IEEE Mediterranean Electrotechnical Conferencepor
person.familyNameFaria
person.familyNameVale
person.familyNameSoares
person.familyNameCanizes
person.givenNamePedro
person.givenNameZita
person.givenNameJoão
person.givenNameBruno
person.identifier632184
person.identifier1043580
person.identifier.ciencia-idB212-2309-F9C3
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.ciencia-id1612-8EA8-D0E8
person.identifier.ciencia-idA411-F561-E922
person.identifier.orcid0000-0002-5982-8342
person.identifier.orcid0000-0002-4560-9544
person.identifier.orcid0000-0002-4172-4502
person.identifier.orcid0000-0002-9808-5537
person.identifier.ridA-5824-2012
person.identifier.ridI-3492-2017
person.identifier.scopus-author-id7004115775
person.identifier.scopus-author-id35436109600
person.identifier.scopus-author-id35408699300
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
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relation.isAuthorOfPublication.latestForDiscoveryff1df02d-0c0f-4db1-bf7d-78863a99420b

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