Zhang, Haifeng; Gao, Feng; Wu, Jiang; Liu, Kun; Liu, Xiaolin - In: Energies 5 (2012) 11, pp. 4804-4823
Wind Power Producers (WPPs) seek to maximize profit and minimize the imbalance costs when bidding into the day-ahead market, but uncertainties in the hourly available wind and forecasting errors make the bidding risky. This paper assumes that hourly wind power output given by the forecast...