Coordinated bidding and trading strategy for wind power and thermostatic load in a novel market framework

Thanks to the uncertainty and fluctuation of wind power, mismatch between supply load is increasing. Consequently, power should be responsible for imbalance caused by its volatility. Meanwhile, thermostatic (TCL) becoming a promising regulation capacity provider with development demand side technology. This paper proposes combined energy market framework encourage pay cost. And cooperation presented, in which two types TCLs exchange obtain benefits. The asymmetric Nash bargaining (ANB) applied allocate profits among members. To ensure autonomy each member, decentralized method based on ADMM introduced. Case studies show that proposed bidding trading strategy can increase profit member lock more day-ahead stage, allocation distribute fairly.