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Multi-Objective Market Clearing Model with an Autonomous Demand Response Scheme
Demand response (DR) is known as a key solution in modern power systems and electricity markets for mitigating wind power uncertainties. However, effective incorporation of DR into power system operation scheduling needs ...
Self-scheduling approach to coordinating wind power producers with energy storage and demand response
The uncertainty of wind energy makes wind power producers (WPPs) incur profit loss due to balancing costs in electricity markets, a phenomenon that restricts their participation in markets. This paper proposes a stochastic ...