Uncertainty parameters of battery energy storage integrated grid and their modeling approaches: A review and future research directions

MS Reza, MA Hannan, PJ Ker, M Mansor… - Journal of Energy …, 2023 - Elsevier
The continuously growing population and urban growth rates are responsible for the sharp
rise in energy consumption, which leads to increased CO 2 emissions and demand-supply …

Optimal robust unit commitment of CHP plants in electricity markets using information gap decision theory

J Aghaei, VG Agelidis, M Charwand… - … on Smart Grid, 2016 - ieeexplore.ieee.org
This paper proposes a novel method based on information gap decision theory to evaluate a
profitable operation strategy for combined heat and power units in a liberalized electricity …

A risk-hedging tool for hydro power plants

G Fernandes, LL Gomes, LET Brandão - Renewable and Sustainable …, 2018 - Elsevier
Hydropower is the leading source of renewable energy generation and accounts for over
16% of total electricity production worldwide. Hydro energy investments, however, are …

Do global competitiveness factors effects the industry sustainability practices? Evidence from European hydropower industry

M Alsaleh, AS Abdul-Rahim - Journal of Cleaner Production, 2021 - Elsevier
The aim of the research to investigate the effect of global competitiveness determinants on
the sustainability of hydropower production in the European Union (EU 28) states from 1990 …

Agent-based retail competition and portfolio optimization in liberalized electricity markets: A study involving real-world consumers

H Algarvio, F Lopes - International Journal of Electrical Power & Energy …, 2022 - Elsevier
The liberalization of energy markets brought full competition to the electric power industry. In
the wholesale sector, producers and retailers submit bids to day-ahead markets, where …

Multi-agent electricity markets: Retailer portfolio optimization using Markowitz theory

H Algarvio, F Lopes, J Sousa, J Lagarto - Electric Power Systems Research, 2017 - Elsevier
The major electricity market models include: pools, bilateral contracts and hybrid models.
Pool prices tend to change quickly and variations are usually highly unpredictable. In this …

Pricing mechanism with noncooperative game and revenue sharing contract in electricity market

K Ma, C Wang, J Yang, C Hua… - IEEE transactions on …, 2017 - ieeexplore.ieee.org
In this paper, a pricing mechanism is proposed for the electricity supply chain, which is
consisting of one generation company (GC), multiple consumers, and competing utility …

Non-cooperative game pricing strategy for maximizing social welfare in electrified transportation networks

Z Lu, L Shi, L Geng, J Zhang, X Li, X Guo - International Journal of Electrical …, 2021 - Elsevier
This paper proposes a non-cooperative game pricing strategy framework by the approach of
profit-sharing and user equilibrium principles,-to maximize the social welfare of the …

Power portfolio optimization considering locational electricity prices and risk management

Á Lorca, J Prina - Electric Power Systems Research, 2014 - Elsevier
This paper presents a medium term power portfolio optimization model for a power producer
in a competitive electricity market, considering locational electricity prices and risk …

Joint optimization of forward contract and operating rules for cascade hydropower reservoirs

X Li, P Liu, B Ming, K Huang, W Xu… - Journal of Water …, 2022 - ascelibrary.org
Forward contract is a useful tool for hydropower producers to hedge revenue uncertainty
sourced from varied spot prices. However, few studies have been explored to jointly derive …