A bi-level optimization framework for the power-side virtual power plant participating in day-ahead wholesale market as a price-maker considering uncertainty
Qunli Wu, Chunxiang Li
Topics & Concepts
Power (physics)Virtual power plantPower marketIndustrial organizationMarket powerEconomicsEnvironmental economicsBusinessMicroeconomicsComputer scienceOperations researchOperations managementEngineeringElectrical engineeringRenewable energyElectric power systemDistributed generationMonopolyPhysicsQuantum mechanicsSmart Grid Energy ManagementElectric Power System OptimizationIntegrated Energy Systems Optimization