Review on bidding strategies for renewable energy power producers participating in electricity spot markets

F Peng, W Zhang, W Zhou, J Tao, H Sun, S Hu… - Sustainable Energy …, 2023 - Elsevier
The increase in the installed capacity of renewable energy and the development of
electricity spot markets make it an inevitable trend for renewable energy power producers …

Survey on complex optimization and simulation for the new power systems paradigm

J Soares, T Pinto, F Lezama, H Morais - Complexity, 2018 - Wiley Online Library
This survey provides a comprehensive analysis on recent research related to optimization
and simulation in the new paradigm of power systems, which embraces the so‐called smart …

Optimal power peak shaving using hydropower to complement wind and solar power uncertainty

B Liu, JR Lund, S Liao, X Jin, L Liu, C Cheng - Energy Conversion and …, 2020 - Elsevier
Booming renewable energy development, such as wind and solar power, with their
intermittency and uncertainty characteristics, pose challenges for power grid dispatching …

Risk-constrained self-scheduling of a hybrid power plant considering interval-based intraday demand response exchange market prices

H Khaloie, A Anvari-Moghaddam… - Journal of Cleaner …, 2021 - Elsevier
Hybrid power plants (HPPs) integrating dispatchable and non-dispatchable generation are
gaining attention by generation companies due to their increased flexibility in the operation …

Coordinated operation of electric vehicle charging and wind power generation as a virtual power plant: A multi-stage risk constrained approach

MH Abbasi, M Taki, A Rajabi, L Li, J Zhang - Applied Energy, 2019 - Elsevier
As the number of electric vehicles (EVs) is steadily increasing, their aggregation can offer
significant storage to improve the electric system operation in many aspects. To this end, a …

Strategic bidding of virtual power plant in energy markets: A bi-level multi-objective approach

M Shafiekhani, A Badri, M Shafie-Khah… - International Journal of …, 2019 - Elsevier
This paper represents a model for finding the strategic bidding equilibrium of a virtual power
plant in a joint energy and regulation market in the presence of rivals. A bi-level …

Optimal bidding of a virtual power plant on the Spanish day-ahead and intraday market for electricity

D Wozabal, G Rameseder - European Journal of Operational Research, 2020 - Elsevier
We develop a multi-stage stochastic programming approach to optimize the bidding strategy
of a virtual power plant (VPP) operating on the Spanish spot market for electricity. The VPP …

Dynamic pricing design for demand response integration in power distribution networks

DT Nguyen, HT Nguyen, LB Le - IEEE Transactions on power …, 2016 - ieeexplore.ieee.org
This paper presents optimal pricing design for demand response (DR) integration in the
distribution network. In particular, we study the energy scheduling problem for a load serving …

Look-ahead bidding strategy for energy storage

Y Wang, Y Dvorkin, R Fernández-Blanco… - IEEE Transactions …, 2017 - ieeexplore.ieee.org
As the cost of battery energy storage continues to decline, we are likely to see the
emergence of merchant energy storage operators. These entities will seek to maximize their …

Optimal price-maker trading strategy of wind power producer using virtual bidding

D Xiao, MK AlAshery, W Qiao - Journal of Modern Power …, 2021 - ieeexplore.ieee.org
This paper proposes a stochastic optimization model for generating the optimal price-maker
trading strategy for a wind power producer using virtual bidding, which is a kind of financial …