Day-ahead optimal bidding strategy of microgrid with demand response program considering uncertainties and outages of renewable energy resources

In restructured electricity markets, microgrids are becoming smarter, more reliable and more economic electricity providers with respect to the incorporation of advanced smart grid technologies, distributed energy resources, efficient energy storage systems, and demand response programs (DRPs). More...

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Bibliographic Details
Published in:	Energy (Oxford) Vol. 190; p. 116441
Main Authors:	Das, Saborni, Basu, Mousumi
Format:	Journal Article
Language:	English
Published:	Oxford Elsevier Ltd 01.01.2020 Elsevier BV
Subjects:	Alternative energy sources confidence interval Confidence intervals Demand response program Distributed generation Electric power grids electrical equipment Electricity energy Energy industry Energy management Energy resources Energy sources Energy storage Forced outage probability Mapping markets Mixed integer Nonlinear programming Outages profits and margins Renewable energy renewable energy sources Renewable integrated microgrid Renewable resources risk Risk management Smart grid Smart grid technology Storage systems Uncertainty Value of stochastic solution Value of stochastic solution Uncertainty Demand response program Renewable integrated microgrid Forced outage probability Risk management
ISSN:	0360-5442, 1873-6785
Online Access:	Get full text
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