Impact Analysis of Price Cap on Bidding Strategies of VPP Considering Imbalance Penalty Structures
Virtual power plants (VPPs) enable the efficient participation of distributed renewable energy resources in electricity markets by aggregating them. However, the profitability of VPPs is challenged by market volatility and regulatory constraints, such as price caps and imbalance penalties. This stud...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-07-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/18/15/3927 |
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