2018
DOI: 10.1177/0958305x18768128
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Abstract: In the electricity market, short-term operation is organized in day-ahead and real-time stages. The two stages that are performed in different time intervals have reciprocal effects on each other. The paper shows the strategy of a microgrid that participates to both day-ahead energy and spinning reserve market. It is supposed that microgrid is managed by a prosumer, a decision maker who manages distributed energy sources, storage units, Information and Communication Technologies (ICT) elements, and loads invol… Show more

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Cited by 4 publications
(1 citation statement)
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“…Hirsch et al 38 state that microgrids serve to improve the reliability and resilience of electrical grids, to manage the inclusion of resources from distributed clean energy, to minimize fossil fuel emissions, and to allow electricity to reach areas not covered by centralized electricity infrastructure. According to Ferruzzi et al, 39 a microgrid can also help to reduce the price of energy and contribute to the supply of electricity.…”
Section: Introductionmentioning
confidence: 99%
“…Hirsch et al 38 state that microgrids serve to improve the reliability and resilience of electrical grids, to manage the inclusion of resources from distributed clean energy, to minimize fossil fuel emissions, and to allow electricity to reach areas not covered by centralized electricity infrastructure. According to Ferruzzi et al, 39 a microgrid can also help to reduce the price of energy and contribute to the supply of electricity.…”
Section: Introductionmentioning
confidence: 99%