Distributed energy resources aggregators (DERAs) are permitted to participate in regional wholesale markets many counties. At present, new market players such as China’s power transactions. However, studies related trading strategy have mostly focused on centralized wind and PV generation units. Few been conducted the decision-making strategies for DERAs market. This paper proposes an auxiliary...

The magnitude of the impact pandemic on key variables, such as electricity demand, mobility people and number COVID-19 hospitalization cases, has been unprecedented. Existing economic models have not estimated sucokh events. This paper fills this gap, investigating nexus among demand elasticity, shifting behaviors contagion with econometric estimation techniques. Firstly, using single bids to p...

Virtual bidding provides a mechanism for financial players to participate in wholesale day-ahead (DA) electricity markets. The price difference between DA and real-time (RT) markets creates arbitrage opportunities players. Physical market participants (MP), referred as with physical assets this paper, can also take advantage of virtual but different way, which is further amplify the value their...

Although wind and solar power is the major reliable renewable energy sources used in grids, fluctuation unpredictability of these require use ancillary services, thereby increasing integration cost. This study proposes a wind, solar, pumped-storage cooperative (WSPC) model that can be applied to large-scale systems connected dispersed sources. provides an optimized coordinated bidding strategy ...

Reliable and efficient operation of deregulated electricity markets requires supply and demand elasticity. This paper presents incentive control of spinning reserves in electricity multi-markets using game theory. Interruptible load contracts (ILC) could reduce the amount of spinning reserve requirements during system contingencies such as transmission congestion. It is shown that the power uti...

Abstract The battery swapping mode is a promising way for electric vehicles (EVs) to participate in power grid frequency regulation. However, the operation mechanism and uncertainty management process still lack research. Aiming at this issue, paper proposes day‐ahead bidding strategy charging system (BSCS) providing regulation reserve capacity ancillary service market. Firstly, new BSCS‐based ...

The wide spread of district heating in Denmark offers a massive potential for flexibility an energy system with intermittent renewable production. To leverage this potential, cost-efficient power market integration combined heat and (CHP) units systems is important. We propose stochastic program optimising block bids to the day-ahead CHP under uncertain prices. Block allow internalisation start...