Optimal Offering Strategy of a Price-Maker Hydro Producer Considering the Effects of Crossing the Forbidden Zones
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DOI: 10.1109/access.2020.2965203
Abstract: The phenomenon of crossing the forbidden zone is unavoidable and wasteful when scheduling the hydro units. In this paper, the effect of crossing the forbidden zone is taken into account using the strategic offering model… read more here.
Keywords: crossing forbidden; offering model; forbidden zone; strategic offering ... See more keywords
Efficiency Loss for Variable Renewable Energy Incurred by Competition in Electricity Markets
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DOI: 10.1109/tste.2019.2946930
Abstract: Variable renewable energy (VRE) has undergone rapid development worldwide. Currently, VRE is gradually accepted as a regular power source to participate in the power market. However, due to the fluctuating and uncertain nature, the strategic… read more here.
Keywords: offering behaviors; variable renewable; efficiency loss; strategic offering ... See more keywords