A two-step optimization model for virtual power plant participating in spot market based on energy storage power distribution considering comprehensive forecasting error of renewable energy output
Shufan Mei, Qinliang Tan, Anupam Trivedi, Dipti Srinivasan
Topics & Concepts
Renewable energyVirtual power plantPower (physics)Spot contractDistribution (mathematics)Spot marketEnergy (signal processing)Energy storageHot spot (computer programming)Computer scienceEngineeringMathematical optimizationSimulationDistributed generationEconomicsElectrical engineeringMathematicsElectricityStatisticsPhysicsFinancial economicsQuantum mechanicsMathematical analysisFutures contractOperating systemEnergy Load and Power ForecastingPower Systems and Renewable EnergySmart Grid Energy Management