Strategic Bidding for a Virtual Power Plant in the Day-Ahead and Real-Time Markets: A Price-Taker Robust Optimization Approach

Rahimiyan, Morteza; Baringo, Luis

doi:10.1109/tpwrs.2015.2483781

Public

Strategic Bidding for a Virtual Power Plant in the Day-Ahead and Real-Time Markets: A Price-Taker Robust Optimization Approach

Shared by NobleBlocks on Oct 26, 2015 • 12:00 AM UTC

Authors:

Morteza Rahimiyan

Luis Baringo

Abstract

We consider an energy management system that controls a cluster of price-responsive demands. Besides these demands, it also manages a wind-power plant and an energy storage facility. Demands, wind-power plant, and energy storage facility are interconnected within a small size electric energy system ...

Subject

Virtual power plant

Bidding

Wind power

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