[HTML][HTML] Limiting imbalance settlement costs from variable renewable energy sources in the Nordics: Internal balancing vs. balancing market participation

ØS Klyve, G Klæboe, MM Nygård, ES Marstein - Applied energy, 2023 - Elsevier
Due to the market gate closures in the Nordic energy markets, producers with variable
renewable energy (VRE) assets, eg, PV and wind power plants, must forecast their …

Deep reinforcement learning based real-time renewable energy bidding with battery control

J Jeong, SW Kim, H Kim - IEEE Transactions on Energy Markets …, 2023 - ieeexplore.ieee.org
Recently, various renewable energy sources and large-scale batteries have been integrated
into power grids, and renewable energy bidding and battery control become critical …

[HTML][HTML] A contract-based trading of power flexibility between a variable renewable energy producer and an electricity retailer

M Mousavi, M Alvarez - Sustainable Energy, Grids and Networks, 2023 - Elsevier
Variable renewable energy producers and electricity retailers encounter several
uncertainties in their decision-making problems, such as intermittency of renewable energy …

Development of an incentive model for renewable energy resources using forecasting accuracy in South Korea

J Kong, S Oh, BO Kang, J Jung - Energy Science & …, 2022 - Wiley Online Library
This study presents an incentive model for a renewable energy source (RES) supplier,
based on forecasting accuracy. The incentive model imposes responsibility of forecasting to …