A novel hybrid two-stage framework for flexible bidding strategy of reconfigurable micro-grid in day-ahead and real-time markets

MA Mirzaei, M Hemmati, K Zare, M Abapour… - International Journal of …, 2020 - Elsevier
Microgrids are going to be used in future intelligent grids as a promising technology to
enable widespread utilization of renewable energy sources in a highly efficient and reliable …

Risk-aware stochastic bidding strategy of renewable micro-grids in day-ahead and real-time markets

P Fazlalipour, M Ehsan, B Mohammadi-Ivatloo - Energy, 2019 - Elsevier
A comprehensive optimal bidding strategy model has been developed for renewable micro-
grids to take part in day-ahead (energy and reserve) and real-time markets considering …

Bidding strategy of microgrid with consideration of uncertainty for participating in power market

L Shi, Y Luo, GY Tu - International Journal of Electrical Power & Energy …, 2014 - Elsevier
Microgrid is commonly regarded as an efficient way for integration of distributed generation
(DG) in low voltage network. However, the integration method of microgrid in power system …

Bidding strategy for microgrid in day-ahead market based on hybrid stochastic/robust optimization

G Liu, Y Xu, K Tomsovic - IEEE Transactions on Smart Grid, 2015 - ieeexplore.ieee.org
This paper proposes an optimal bidding strategy in the day-ahead market of a microgrid
consisting of intermittent distributed generation (DG), storage, dispatchable DG, and price …

Risk-based hybrid energy management with developing bidding strategy and advanced demand response of grid-connected microgrid based on stochastic …

HJ Kim, MK Kim - International Journal of Electrical Power & Energy …, 2021 - Elsevier
This study evaluates a risk-based hybrid energy management problem by creating a
staircase bidding profile for microgrid operators under a confidence-based incentive …

Day-ahead optimal bidding strategy of microgrid with demand response program considering uncertainties and outages of renewable energy resources

S Das, M Basu - Energy, 2020 - Elsevier
In restructured electricity markets, microgrids are becoming smarter, more reliable and more
economic electricity providers with respect to the incorporation of advanced smart grid …

Robust optimisation approach for bidding strategy of renewable generation‐based microgrid under demand side management

A Mehdizadeh, N Taghizadegan - IET Renewable Power …, 2017 - Wiley Online Library
In the restructured electricity market, operator of grid‐connected microgrid (MG) tries to
supply local load at the lowest cost from alternative energy sources including upstream grid …

[HTML][HTML] Stochastic programming approach for optimal day-ahead market bidding curves of a microgrid

R Herding, E Ross, WR Jones, VM Charitopoulos… - Applied Energy, 2023 - Elsevier
The deregulation of electricity markets has driven the need to optimise market bidding
strategies, eg when and how much electricity to buy or sell, in order to gain an economic …

Optimal bidding strategy for microgrids in joint energy and ancillary service markets considering flexible ramping products

J Wang, H Zhong, W Tang, R Rajagopal, Q Xia, C Kang… - Applied Energy, 2017 - Elsevier
Due to the volatile nature of wind and photovoltaic power, wind farms and solar stations are
generally thought of as the consumers of ramping services. However, a microgrid (MG) is …

Integrated offering strategy for profit enhancement of distributed resources and demand response in microgrids considering system uncertainties

H Shayeghi, B Sobhani - Energy conversion and management, 2014 - Elsevier
Due to the uncertain nature and limited predictability of wind and PV generated power, these
resources participating in most of electricity markets are subject to significant deviation …