2020
DOI: 10.5772/intechopen.89806
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Alain Bensoussan, Alexandre Brouste

Abstract: We study the problem of wind farm management, in which the manager commits himself to deliver energy in some future time. He reduces the consequences of uncertainty by using a storage facility (a battery, for instance). We consider a simplified model in discrete time, in which the commitment is for the next period. We solve an optimal control problem to define the optimal bidding decision. Application to a real dataset is done, and the optimal size of the battery (or the overnight costs) for the wind farm is d…

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