Smart self-scheduling of Gencos with thermal and energy storage units under price uncertainty
نویسنده
چکیده
This paper provides a self scheduling tool for price taker Gencos. This methodology is based on Robust Optimization (RO) to deal with the uncertainties of market price values in the dayahead electricity pool market. The Genco is assumed to be the entity who decides about the operating schedules of its thermal units and Compressed Air Energy Storage (CAES) units. The benefits of Genco brought by smart grid technology and energy storage systems are investigated in this work. The applicability of the proposed method is analyzed through different scenarios.
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