Optimal participation of price-maker battery energy storage systems in energy and ancillary services markets considering degradation cost
Reza Khalilisenobari, Meng Wu
Topics & Concepts
BiddingProfit maximizationRevenueBattery (electricity)Automatic Generation ControlComputer scienceOperations researchProfit (economics)Reliability engineeringEnvironmental economicsElectric power systemBusinessEngineeringEconomicsMicroeconomicsFinancePower (physics)PhysicsQuantum mechanicsMicrogrid Control and OptimizationFrequency Control in Power SystemsSmart Grid Energy Management