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Risk-Averse Optimal Energy and Reserve Scheduling for Virtual Power Plants Incorporating Demand Response Programs
(Institute of Electrical and Electronics Engineers, 2020-09-28)
This paper addresses the optimal bidding strategy problem of a virtual power plant (VPP) participating in the dayahead (DA), real-time (RT) and spinning reserve (SR) markets (SRMs). The VPP comprises a number of dispatchable ...
Allocation of fast-acting energy storage systems in transmission grids with high renewable generation
The major challenge in coordinating between fast-acting energy storage systems (FA-ESSs) and renewable energy sources (RESs) in the existing transmission grid is to determine the location and capacity of the FA-ESS in the ...
Optimal scheduling of a virtual power plant with demand response in short-term electricity market
This paper presents an optimal bidding and offering strategy for a virtual power plant (VPP), which participates in day-ahead (DA) and balancing markets. The VPP comprises distributed energy resources, plug-in electric ...
Optimal planning of CHP-based microgrids considering DERs and demand response programs
This work addresses a stochastic framework for optimal operation and long-term expansion planning of combined heat and power based microgrid as a part of an active distributing system. The microgrid utilizes renewable ...
A Dynamic Collusion Analysis Framework Considering Generation and Transmission Systems Maintenance Constraints
Capacity withholding of generation companies is an important issue in market monitoring procedures. The capacity withholding can be intensified in the transmission and generation constrained system. The strategic maintenance ...
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 ...
Optimal expansion planning of active distribution system considering coordinated bidding of downward active microgrids and demand response providers
This paper addresses a framework for expansion planning of an active distribution network (ADS) that supplies its downward active microgrids (AMGs) and it participates in the upward wholesale market to sell its surplus ...
Joint Energy and Reserve Scheduling of a Wind Power Producer in a Peer-to-Peer Mechanism
(Institute of Electrical and Electronics Engineers, 2020-10-13)
This paper proposes a risk constrained decision making problem for wind power producers (WPPs) in a competitive environment. In this problem, the WPP copts to maximize its likely profit whereas aggregators want to minimize ...
Investigation of Distribution Transformer Loss of Life in Electric Vehicles Parking Lot Integrated System
Nowadays, the operation of the smart distribution system (SDS) is more complicated with the penetration of electric vehicles (EVs), due to EVs' uncertainties as well as the capability of vehicle-to-grid (V2G). On the other ...
Optimal Battery Storage Arbitrage Considering Degradation Cost in Energy Markets
Energy arbitrage have monetary benefits for privately owned battery energy storage systems, such as the battery of an electric vehicle or residential batteries. However, the life cycle and degradation cost of the battery ...