Electricity | Article
Short-term strategies for Dutch wind power producers to reduce imbalance costs
11 March 2016
AUTHOR: CHAVES-ÁVILA José Pablo, Rudi Hakvoort, RAMOS Andrés
Energy policy, 2013, No. 52, pp. 573-582
The paper assesses bidding strategies for a wind power producer in the Netherlands. To this end, a three-stage stochastic optimization framework is used, maximizing wind power producer's profit using the day-ahead and cross-border intraday market, taking into account available interconnection capacity. Results show that the wind power producer can increase its profits by trading on the intraday market and – under certain imbalance prices – by intentionally creating imbalances. It has been considered uncertainties about prices, power forecast and interconnection capacity at the day-ahead and intraday timeframes.
logo cadmus Read it on Cadmus


Technical Report
In 2015, the Paris Climate Agreement and the UN Sustainable Development Goals (SDGs) propelled the world into fast track mode towards achieving the sustainability goals. Three decades from now, the [...]
This comprehensive book on the European energy transition has been written by more than 40 European leading energy- and climate experts. It reflects on the latest policy developments, as such [...]
What is “Peer-2-Peer”? It is a new form of trading between small players: buyers and sellers. It became possible about a decade ago with a new wave of digitalization (internet, [...]
Covid-19 is changing the scenarios on which most policies were based, including those in the fields of energy and the environment. Our experts Simone Borghesi, Jos Delbeke, Jean-Michel Glachant, Alberto [...]
Working Paper
Technical standards that are agreed within a Standard Development Organization (SDO) often cover several ‘essential’ patents for the implementation of a standard (i.e., Standard Essential Patents, SEPs). In order to [...]
Carbon pricing in general and emissions trading in particular are gaining momentum at the world level. In recent years increasing attention has been devoted to the possibility of linking Emissions [...]

Join our community

To meet, discuss and learn in the channel that suits you best.