A pricing strategy based on bi-level stochastic optimization for virtual power plant trading in multi-market: Energy, ancillary services and carbon trading market
Yue Chen, Yuguang Niu, Chenzhi Qu, Ming Du, Ping Liu
Topics & Concepts
CVARVirtual power plantRenewable energyStochastic programmingStrong dualityMathematical optimizationMicroeconomicsBusinessComputer scienceExpected shortfallIndustrial organizationDistributed generationEconomicsRisk managementOptimization problemEngineeringFinanceMathematicsElectrical engineeringSmart Grid Energy ManagementElectric Vehicles and InfrastructureElectric Power System Optimization