DocumentCode
187912
Title
A renewable generation portfolio: Maximizing delivery, minimizing risks
Author
Pinto, L. ; Szczupak, J. ; Nogueira, Lenildo
Author_Institution
ENGENHO, Rio de Janeiro, Brazil
fYear
2014
fDate
28-30 May 2014
Firstpage
1
Lastpage
6
Abstract
This paper presents a model for the optimal generation portfolio, specially designed to accommodate the characteristics of renewable generators and mitigate associated risks. The mathematical model is flexible enough to adjust to planner´s desired goals - from economy to sustainability - and provide regulatory solutions to induce such adjustments. A realistic case study with the Brazilian system illustrates the potentiality of the proposed approach and paves the way to an efficient and fair regulatory framework.
Keywords
power generation planning; risk management; solar power; sustainable development; wind power; Brazilian system; mathematical model; optimal generation portfolio; renewable energy generation portfolio; risk management; risk mitigation; Availability; Generators; Green products; Linear programming; Planning; Portfolios; Uncertainty; Expansion planning; Portfolio; Renewables; Risk management; Sustainability;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location
Krakow
Type
conf
DOI
10.1109/EEM.2014.6861290
Filename
6861290
Link To Document