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Application of opportunistic information-gap decision theory on demand response aggregator in the day-ahead electricity market
The proposed model analyzes the profit of a demand response (DR) aggregator from trading DR in the day-ahead electricity market in a way that it tends to gain profit from the favorable deviations of the uncertain parameters. ...
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 ...
Demand Response based Trading Framework in the Presence of Fuel Cells Using Information-Gap Decision Theory
Nowadays demand response (DR) is known as one of the main parts of the power system especially in the smart grid infrastructure. Furthermore, to enhance the participation of the consumers in the DR programs, the Independent ...
Probabilistic model for microgrids optimal energy management considering AC network constraints
A new probabilistic approach for microgrids (MGs) optimal energy management considering ac network constraints is proposed in this paper. The economic model of an energy storage system (ESS) is considered in the problem. ...