Two‐stage risk‐constrained stochastic optimal bidding strategy of virtual power plant considering distributed generation outage

نویسندگان

چکیده

This paper presents an optimal bidding strategy for a technical and commercial virtual power plant (VPP) in medium-term time horizon. A VPP includes various distributed energy resources (DERs) that can participate the Pool Futures markets. Although medium/long-term scheduling provides opportunity to futures market, it also raises possibility of unit failure. In this regard, impact generation (DG) units’ failure, as important challenge VPP, is incorporated proposed model. The model formulated risk-constrained two-stage stochastic problem. signs market contracts first stage, second participates day-ahead (DA) manages its DERs. Long short-term memory neural network scenario reduction methods are used capture uncertainty parameters electrical load, DA prices, wind speed, solar radiation performance investigated different cases. obtained results show compensate losses caused by DG failure through taking advantage arbitrage opportunity.

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ژورنال

عنوان ژورنال: Iet Generation Transmission & Distribution

سال: 2023

ISSN: ['1751-8687', '1751-8695']

DOI: https://doi.org/10.1049/gtd2.12826