Optimal bidding and offering strategies of merchant compressed air energy storage in deregulated electricity market using robust optimization approach

Nowadays, severe uncertainty of electricity market price is a challenge issue in power systems that market players are faced. As one of market players, merchant compressed air energy storage system can be studied to investigate how energy is purchased/sold in the presence of electricity market price...

Full description

Saved in:

Bibliographic Details
Published in:	Energy (Oxford) Vol. 142; pp. 250 - 257
Main Authors:	Nojavan, Sayyad, Najafi-Ghalelou, Afshin, Majidi, Majid, Zare, Kazem
Format:	Journal Article
Language:	English
Published:	Oxford Elsevier Ltd 01.01.2018 Elsevier BV
Subjects:	air case studies Compressed air Compressed air energy storage (CAES) Deregulation Electric power systems Electricity Electricity pricing Energy Energy storage Integer programming Linear programming market prices Markets Offering and bidding curves Optimization Price uncertainty Robust mixed-integer linear programming (RMIP) Robust optimization approach Robustness Uncertainty Price uncertainty Robust optimization approach Compressed air energy storage (CAES) Robust mixed-integer linear programming (RMIP) Offering and bidding curves
ISSN:	0360-5442, 1873-6785
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Be the first to leave a comment!