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Real Time Pricing Approaches to Deal With Unexpected Wind Power Variations

dc.contributor.authorFaria, Pedro
dc.contributor.authorVale, Zita
dc.date.accessioned2015-05-06T16:11:57Z
dc.date.available2015-05-06T16:11:57Z
dc.date.issued2013-09
dc.description.abstractThe use of renewables have been increased I several countries around the world, namely in Europe. The wind power is generally the larger renewable resource with very specific characteristics in what concerns its variability and the inherent impacts in the power systems and electricity markets operation. This paper focuses on the Portuguese context of renewables use, including wind power. The work here presented includes the use of a real time pricing methodology developed by the authors aiming the reduction of electricity consumption in the moments of unexpected low wind power. A more specific example of application of real time pricing is demonstrated for the minimization of the operation costs in a distribution network. When facing lower wind power generation than expected from day ahead forecast, demand response is used in order to minimize the impacts of such wind availability change. In this way, consumers actively participate in regulation up and spinning reserve ancillary services through demand response programs.por
dc.identifier.urihttp://hdl.handle.net/10400.22/5957
dc.language.isoengpor
dc.publisherELECONpor
dc.relation.ispartofseriesELECON;2013
dc.relation.publisherversionhttp://www.elecon.ipp.pt/images/Workshop1/Proceedings%20First%20ELECON%20Workshop_vfinal.pdfpor
dc.subjectDemand responsepor
dc.subjectReal time pricingpor
dc.subjectRenewable energy resourcespor
dc.subjectWind powerpor
dc.titleReal Time Pricing Approaches to Deal With Unexpected Wind Power Variationspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlacePorto, Portugalpor
oaire.citation.startPage7por
oaire.citation.titleFirst ELECON Workshop – Towards Efficient European and Brazilian Electricity Marketspor
person.familyNameFaria
person.familyNameVale
person.givenNamePedro
person.givenNameZita
person.identifier632184
person.identifier.ciencia-idB212-2309-F9C3
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.orcid0000-0002-5982-8342
person.identifier.orcid0000-0002-4560-9544
person.identifier.ridA-5824-2012
person.identifier.scopus-author-id7004115775
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublication35e6a4ab-f644-4bc5-b6fc-9fd89c23d6c6
relation.isAuthorOfPublicationff1df02d-0c0f-4db1-bf7d-78863a99420b
relation.isAuthorOfPublication.latestForDiscoveryff1df02d-0c0f-4db1-bf7d-78863a99420b

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