Balancing Generation from Renewable Energy Sources: Profitability of an Energy Trader

Balancing Generation from Renewable Energy Sources: Profitability of an Energy Trader

Motivated by a practical problem faced by an energy trading company in Poland, we investigate the profitability of balancing intermittent generation from renewable energy sources (RES). We consider a company that buys electricity generated by a pool of wind farms and pays their owners the day-ahead...

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Bibliographic Details
Main Authors: Christopher Kath, Weronika Nitka, Tomasz Serafin, Tomasz Weron, Przemysław Zaleski, Rafał Weron
Format: Article
Language:English
Published: MDPI AG 2020-01-01
Series:Energies
Subjects:
electricity price
day-ahead market
balancing market
res generation
wind power forecast
profitability
sharpe ratio
value-at-risk
trading strategy
contract design
Online Access:https://www.mdpi.com/1996-1073/13/1/205

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https://www.mdpi.com/1996-1073/13/1/205

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