Convexifying Market Clearing of SoC-Dependent Bids From Merchant Storage Participants
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DOI: 10.1109/tpwrs.2023.3242470
Abstract: State-of-charge (SoC) dependent bidding allows merchant storage participants to incorporate SoC-dependent operation and opportunity costs in a bid-based market clearing process. However, such a bid results in a non-convex cost function in the multi-interval economic… read more here.
Keywords: merchant storage; dependent bids; market clearing; storage participants ... See more keywords