• Javed Dhillon

The power produced by wind energy is non-dispatchable as well as uncertain resulting in market imbalances due to the difference between actual and scheduled generation. A mixed integer type problem with game theory based min-max approach has been used to reduce these uncertainties. To provide the balance between the demand and generation, flexible operation of pumped storage plant (PSP) is used with the wind system. The main objective of the problem is to provide the stable operation of wind-PSP system with different level of uncertainties risk under the day ahead market. In this study, different type of PSP units have been considered to demonstrate the advantage of variable speed type PSP unit in the wind-PSP operation. It has been found that the risk was reduced by 40% for using variable speed type PSP unit as compared to fixed speed unit. The developed model can be useful in decision making process for using wind PSP system.

Wind-PSP generation; optimization problem; Min-Max approach, Wind power; Energy storage

"Game Theory Based Scheduling of Wind and PSP System ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.1573-1582, March-2019, Available :http://www.jetir.org/papers/JETIREL06239.pdf

"Game Theory Based Scheduling of Wind and PSP System ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp1573-1582, March-2019, Available at : http://www.jetir.org/papers/JETIREL06239.pdf