Chapter3

It is assumed that the probability distributions of the random variables are known in each time
interval. Additionally, it is assumed that the maximum power ratings of the WF and BESS are small
enough to influence the energy price of the market and there is poor or no correlation between the
energy price and wind speed at the WF location. The stochastic optimization model of WF dispatch
scheduling is modeled to maximize the expected revenue from selling the energy in the energy market
for different possible future scenarios of energy price and WF generation output, as follows:
max E [FH (Ch,s, PO,h)] = sSp ps h Ch,s PO,h h

(8)

subject to: PW,h,t,sPCh,h,t,s Ch +DchPDch,h,t,s = PO,h

(9)

EB,h,t,s = EB,h,t1,s + PCh,h,t,s PDch,h,t,s

(10)

PCh,h,t,s PDch,h,t,s = 0

(11)

0 PCh,h,t,s, PDch,h,t,s PB,max

(12)

(1 DODmax) Bcap EB,h,t,s Bcap (13) 0 PO,h Wcap + Bcap

(14)

where t, h and s Sw.

In the objective function of the formulated stochastic programming given by (8), E[.] indicates the
expected or mean value function of the argument. The probability of each price scenario is represented
by ps and Sp is the set of price scenario. The constraints in (9)(13) are to be satisfied for each time
interval, dispatch interval, and wind speed scenario. The wind power output scenario is represented by
the set Sw.
B. Scenario Generation for Stochastic Programming
There are a few different approaches to forecast the time series of wind speed such as the time
series method, the numerical weather prediction (NWP), and the combination of time series and NWP
approach . With the application of advanced computation methodologies and technologies, the
forecasted wind speed is usually obtained within a close proximity of the actual wind speed and the
error between actual and forecasted ti The uncertainty in wind speed forecast for every time interval
can be modeled using a probability distribution. In this study, it is assumed the probability distribution
of uncertainty in wind speed forecasting during each time interval is known. The wind speed time
series for the time H ahead is generated using time series forecasting approach and this time series
wind speed is considered as the mean forecasted wind speed W0.
Wind farm using BESS
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Chapter3

Wind farm using BESS

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VCE