Optimal bidding strategy for a GENCO in day-ahead energy and spinning reserve markets with considerations for coordinated wind-pumped storage-thermal system and CO2 emission

Energy Strategy Reviews - Tập 26 - Trang 100405 - 2019
M.E. Nazari1, M.M. Ardehali2
1Department of Electrical Engineering, Golpayegan University of Technology, Golpayegan, Iran
2Department of Electrical Engineering, Amirkabir University of Technology (Tehran Polytechnic), Tehran, Iran

Tài liệu tham khảo

Mahvi, 2011, Optimal bidding strategy in a competitive electricity market based on agent-based approach and numerical sensitivity analysis, Energy, 36, 6367, 10.1016/j.energy.2011.09.037 Nazari, 2016, Optimal coordination of renewable wind and pumped storage with thermal power generation for maximizing economic profit with considerations for environmental emission based on newly developed heuristic optimization algorithm, Renew. Sustain. Energy, 8, 1 Attaviriyanupap, 2005, New bidding strategy formulation for day-ahead energy and reserve markets based on evolutionary programming, Electr. Power Energy Syst., 27, 157, 10.1016/j.ijepes.2004.09.005 Tsai, 2009, The co-optimal bidding strategy of pumped- storage unit in ERCOT energy market, N. American Power Symp., 1 Kanakasabapathy, 2010, Bidding strategy for pumped-storage plant in pool-based electricity market, Energy Convers. Manag., 51, 572, 10.1016/j.enconman.2009.11.001 Kanakasabapathy, 2009, Pumped storage bidding and its impacts in combined pool-bilateral market, Int Conf Power Syst, 27 Kanakasabapathy, 2010, Evolutionary tristate PSO for strategic bidding of pumped-storage hydroelectric plant, IEEE Trans Syst Man Cyber Appli Review, 40, 460, 10.1109/TSMCC.2010.2041229 Kanakasabapathy, 2008, Optimal bidding strategy for mlti-unit pumped storage plant in pool-based electricity market using evolutionary tristate PSO, IEEE Int. Conf. Sustain. Energy Tech., 95 Lu, 2004, Pumped-storage hydro-turbine bidding strategies in a competitive electricity market, IEEE Trans. Power Syst., 19, 834, 10.1109/TPWRS.2004.825911 Zhang, 2011, A stochastic cournot bidding model for wind power producers, Proc. IEEE Int. Conf. Auto. Logistics Chongqing, 319 De la Nieta, 2014, Modeling the impact of a wind power producer as a price-maker, IEEE Trans. Power Syst., 29, 2723, 10.1109/TPWRS.2014.2313960 Singh, 2008, Strategies for wind power trading in competitive electricity markets, IEEE Trans. Energy Convers., 23, 249, 10.1109/TEC.2007.914179 Usaola, 2007, Bidding wind energy under uncertainty, Int. Conf. Clean Electr. Power, 754 Xue, 2008, Bidding wind power in short-term electricity market based on multiple-objective fuzzy optimization, Electr. Computer Eng. Canadian Conf., 1135 Moreno, 2012, Evaluating risk-constrained bidding strategies in adjustment spot markets for wind power producers, Electr. Power Energy Syst., 43, 703, 10.1016/j.ijepes.2012.05.059 Usaola, 2009, Optimal bidding of wind energy in intraday markets, Int. Conf. Energy Market, 1 Pousinho, 2011, Optimal offering strategies to the day-ahead market by a wind power producer, IET Conf. Renew Power Gen., 1 Zhang, 2012, Optimal wind bidding strategy considering imbalance cost and allowed imbalance band, Energy Tech IEEE, 1 Botterud, 2010, Risk management and optimal bidding for a wind power producer, Power Energy Soci General Meeting IEEE, 1 de la Nieta, 2012, Optimal coordinated wind-hydro bidding strategies in day-ahead markets, IEEE Trans. Power Syst., 19, 1 Thatte, 2012, Robust bidding strategy for wind power plants and energy storage in electricity markets, Power Energy Soci General Meeting IEEE, 1 Thatte, 2013, Risk measure based robust bidding strategy for arbitrage using a wind farm and energy storage, IEEE Trans Smart Grid, 4, 2191, 10.1109/TSG.2013.2271283 Afshar, 2018, Optimal bidding strategy of wind power producers in pay-as-bid power markets, Renew. Energy, 127, 575, 10.1016/j.renene.2018.05.015 Dai, 2015, Optimal bidding strategy of a strategic wind power producer in the short-term market, IEEE Trans Sustain Energy, 6, 707, 10.1109/TSTE.2015.2406322 Vahidinasab, 2009, Multiobjective environmental/techno-economic approach for strategic bidding in energy markets, Appl. Energy, 86, 496, 10.1016/j.apenergy.2008.08.014 Iria, 2018, Optimal supply and demand bidding strategy for an aggregator of small prosumers, Appl. Energy, 213, 658, 10.1016/j.apenergy.2017.09.002 Vilim, 2014, Wind power bidding in electricity markets with high wind penetration, Appl. Energy, 118, 141, 10.1016/j.apenergy.2013.11.055 Wang, 2017, Optimal bidding strategy for microgrids in joint energy and ancillary service markets considering flexible ramping products, Appl. Energy, 205, 294, 10.1016/j.apenergy.2017.07.047 Ferruzzi, 2018, A joint approach for strategic bidding of a microgrid in energy and spinning reserve markets, Energy Environ., 1 Mashhour, 2011, Bidding strategy of virtual power plant for participating in energy and spinning reserve markets-Part I: problem formulation, IEEE Trans. Power Syst., 26, 949, 10.1109/TPWRS.2010.2070884 Mashhour, 2011, Bidding strategy of virtual power plant for participating in energy and spinning reserve markets-Part II: numerical analysis, IEEE Trans. Power Syst., 957, 10.1109/TPWRS.2010.2070883 Di Somma, 2019, Optimal bidding strategy for a DER aggregator in the day-ahead market in the presence of demand flexibility, IEEE Trans. Ind. Electron., 66, 1509, 10.1109/TIE.2018.2829677 Ferruzzi, 2016, Optimal bidding in a Day-Ahead energy market for Micro Grid under uncertainty in renewable energy production, Energy, 106, 194, 10.1016/j.energy.2016.02.166 Dash, 2019, A robust optimization method for bidding strategy by considering the compressed air energy storage, Sustain Cities Soci, 8, 1 Cai, 2019, Optimal bidding and offering strategies of compressed air energy storage: a hybrid robust-stochastic approach, Renew. Energy, 143, 1, 10.1016/j.renene.2019.05.008 Zhang, 2017, Bidding strategy analysis of virtual power plant considering demand response and uncertainty of renewable energy, IET Gener., Transm. Distrib., 11, 3268, 10.1049/iet-gtd.2016.1663 Kermani, 2019, A bi-level risk-constrained offering strategy of a wind power producer considering demand side resources, Electr. Power Energy Syst., 104, 562, 10.1016/j.ijepes.2018.07.038 Gao, 2019, Risk-constrained offering strategy for a hybrid power plant consisting of wind power producer and electric vehicle aggregator, Energy, 177, 183, 10.1016/j.energy.2019.04.048 Abedinia, 2019, Optimal offering and bidding strategies of renewable energy based large consumer using a novel hybrid robust-stochastic approach, J. Clean. Prod., 215, 878, 10.1016/j.jclepro.2019.01.085 Nazari, 2010, Pumped-storage unit commitment with considerations for energy demand, economics, and environmental constraints, Energy, 35, 4092, 10.1016/j.energy.2010.06.022 Jafari, 2008, A new approach for global optimization in high dimension, Power Energy Socie General Meet Convers Deliv Electr Energy, 1 Abdolmohammadi, 2008, A bio-inspired evolutionary algorithm for combined heat and power economic dispatch problems, Iranian Conf Fuzzy Intelli syst, 1 Abdolmohammadi, 2007, A bio-inspired Genetic algorithm applied to a constrained optimization problem in power systems, Fuzzy Intelli Syst Con, 1 Nazari, 2017, Profit-based unit commitment of integrated CHP-thermal-heat only units in energy and spinning reserve markets with considerations for environmental CO2 emission cost and valve-point effects, Energy, 133, 621, 10.1016/j.energy.2017.05.164 Olamaei, 2018, Economic environmental unit commitment for integrated CCHP-thermal-heat only system with considerations for valve point effect based on a heuristic optimization algorithm, Energy, 159, 737, 10.1016/j.energy.2018.06.117 Nazari, 2008, Development of new approaches for applying genetic algorithm to unit commitment and economic dispatch problems, Iranian Conf Fuzzy Intelli syst, 1 Nazari, 2010, A novel optimization methodology for multi-constraint unit commitment of thermal generating units with considerations for hydro pumped energy Storage, Int Review Auto Control, 3, 1 Nazari, 2017, Optimal scheduling of coordinated wind-pumped storage-thermal system considering environmental emission based on GA based heuristic optimization algorithm, Int. J. Smart Electr. Eng., 6, 135 Kazempour, 2009, Risk-constrained dynamic self-scheduling of a pumped-storage plant in the energy and ancillary service markets, Energy Convers. Manag., 50, 1368, 10.1016/j.enconman.2009.01.006 Jafari, 2010, A new approach for solving profit-based unit commitment problem in competitive electricity market, Int. Review Electr. Eng., 5, 1307