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- W2767009685 abstract "To deal with high variability of stochastic market operations and with the aim of assuring a feasible and economic operation under high renewable energy sources penetration, in this paper two applicable solutions are proposed: 1) the incorporation into the electricity market of emerging flexible resources, including demand response, bulk energy storages, and plug-in electric vehicle parking Lots considering their own specific characteristics; and 2) a new flexible ramp market in order to cope with sudden variations and guarantee the rampability of reserve capacity provided by a generation portfolio. On this basis, an integrated stochastic day-ahead market clearing model has been developed to solve the energy, reserve, and flexible ramp scheduling considering a real-time power balance problem, reflecting the 5 min.-by-5 min. renewable energy source and demand changes. Numerical tests are conducted on a modified IEEE RTS 24-bus and the obtained results validate the applicability of proposed model." @default.
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- W2767009685 date "2018-04-01" @default.
- W2767009685 modified "2023-10-16" @default.
- W2767009685 title "Optimal Operation of Emerging Flexible Resources Considering Sub-Hourly Flexible Ramp Product" @default.
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- W2767009685 doi "https://doi.org/10.1109/tste.2017.2766088" @default.
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