Flexible robust optimization for Renewable-only VPP bidding on electricity markets with economic risk analysis

This paper investigates the joint participation of Renewable-only Virtual Power Plants (RVPPs) in the energy and reserve markets while considering the imbalance costs in the balancing market. Existing research on robust optimization typically relies on the well-known parameter called the uncertainty...

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Bibliographic Details
Main Authors: Hadi Nemati, Pedro Sánchez-Martín, Lukas Sigrist, Luis Rouco, Álvaro Ortega
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:International Journal of Electrical Power & Energy Systems
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0142061525001450
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