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Strategic Offering of a Price Maker Wind Power Producer in Distribution-Level Energy Markets in Presence of Flexible Prosumers
(IEEE, 2022-02-17)
- article
This paper presents an optimal bidding strategy for a strategic wind power producer (WPP) in a distribution-level energy market (DLEM). The behavior of the WPP is modelled through a bi-level stochastic optimization problem ...
Investigating the Impact of External Demand Response Flexibility on the Market Power of Strategic Virtual Power Plant
(IEEE, 2022-08-10)
- article
In this paper, a decision-making framework is proposed for a virtual power plant (VPP) to participate in day-ahead (DA) and regulating market (RM) considering internal demand response (IDR) flexibility. In the proposed ...
Investigating the Effect of Demand Response on the Market Power of a Strategic Wind Power Producer
(IEEE, 2023-07-19)
- article
Recent restructure and expansion of electric network enabled the end-use customers to participate in local energy markets by managing their consumption/production. In this context, this paper proposes a mathematical approach ...
Implementing a Flexible Penalizing Mechanism for Wind Power Producers in the Regulating Market
(IEEE, 2023-11-07)
- article
The balancing market as a significant part of the spot market addresses fair transaction settlements to eliminate the system imbalances in real time. However, traditional penalty mechanisms that have been also adopted for ...