Representation of Uncertainty in Electric Energy Market Models: Pricing Implication and Formulation
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DOI: 10.1109/jsyst.2020.3025868
Abstract: Modern market management systems continue to evolve due to the intentions to improve system security and reliability. This evolution has been leading to a transition of market auction models from a deterministic structure with approximations… read more here.
Keywords: market models; stochastic market; market; uncertainty electric ... See more keywords
Optimal Day-Ahead Scheduling of a Smart Micro-Grid via a Probabilistic Model for Considering the Uncertainty of Electric Vehicles’ Load
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DOI: 10.3390/app9224872
Abstract: This paper presents a new model based on the Monte Carlo simulation method for considering the uncertainty of electric vehicles’ charging station’s load in a day-ahead operation optimization of a smart micro-grid. In the proposed… read more here.
Keywords: day ahead; electric vehicles; uncertainty electric; model ... See more keywords