Analysis of strategic bidding of a DER aggregator in energy markets through the Stackelberg game model with the mixed-integer lower-level problem

•A one-leader multi-follower model with the mixed-integer lower-level problem is proposed.•The piecewise linear approximation approach based on the data-driven algorithm is proposed.•A model transformation method of multivariate linear surrogation is proposed. An open electricity market environment...

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Bibliographic Details

Published in:	International journal of electrical power & energy systems Vol. 152; p. 109237
Main Authors:	Lei, Zhenxing, Liu, Mingbo, Shen, Zhijun
Format:	Journal Article
Language:	English
Published:	Elsevier Ltd 01.10.2023
Subjects:	Distributed energy resource aggregator Mixed-integer second-order cone programming Multivariate linear surrogation Piecewise linear approximation Security check Strategic bidding Security check Multivariate linear surrogation Distributed energy resource aggregator Strategic bidding Mixed-integer second-order cone programming Piecewise linear approximation
ISSN:	0142-0615, 1879-3517
Online Access:	Get full text
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