Emission-aware energy trading by coordinating thermal & wind power generation

G. M.Asim Akhtar, Ali T. Al-Awami

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

5 Scopus citations

Abstract

In this work, combined trading of energy and emissions for coordinated wind and thermal units is considered. The objective is (a) to maximize the expected profits of the owner using coordination as risk mitigation and (b) to minimize emission. A two level mixed integer stochastic programming (SP) is used to handle various uncertainties. Simulation results show the benefits of using a combined bidding strategy for wind and thermal units along with emission reduction.

Original languageEnglish
Title of host publicationProceedings of 2013 4th International Conference on Power Engineering, Energy and Electrical Drives, POWERENG 2013
Pages1023-1027
Number of pages5
DOIs
StatePublished - 2013

Publication series

NameInternational Conference on Power Engineering, Energy and Electrical Drives
ISSN (Print)2155-5516
ISSN (Electronic)2155-5532

Keywords

  • Coordination
  • Emission Trading
  • Wind
  • energy trading
  • mixed integer stochastic programming
  • risk
  • thermal power production

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment

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