Abstract-Due to the fluctuating nature of the wind resource, a wind power producer participating in a liberalized electricity market is subject to penalties related to regulation costs. Accurate forecasts of wind generation are therefore paramount for reducing such penalties and thus maximizing revenue. Despite the fact that increasing accuracy in spot forecasts may reduce penalties, this paper shows that, if such forecasts are accompanied with information on their uncertainty, i.e., in the form of predictive distributions, then this can be the basis for defining advanced strategies for market participation. Such strategies permit to further increase revenues and thus enhance competitiveness of wind generation compared to other forms of dispatchable generation. This paper formulates a general methodology for deriving optimal bidding strategies based on probabilistic forecasts of wind generation, as well as on modeling of the sensitivity a wind power producer may have to regulation costs. The benefits resulting from the application of these strategies are clearly demonstrated on the test case of the participation of a multi-MW wind farm in the Dutch electricity market over a year.

No abstract

No abstract

Abstract. We present the results of some experiments on the circular hydraulic jump in normal and superfluid liquid helium. The radius of the jump and the depth of the liquid outside the jump are measured through optical means. Although the scale of the apparatus is rather small, the location of the jump is found to be consistent with the assumption that the jump can be treated as a shock, if the surface tension is taken into account. The radius of the jump does not change when going down in temperature through the lambda point; we think that the flow is supercritical. A remarkable feature of the experiment is the observation of stationary ripples within the jump when the liquid is superfluid.

No abstract