Abstract:This paper proposes a new framework for the optimal operation of a microgrid aggregator (MGA) that participates in an oligopoly electricity market. This aggregator obtains an optimal bidding (power and price) strategy for a multigrid (MG) system, i.e., a community MG. Consequently, the granted quantity, i.e., power in the electricity market, is deployed to optimally schedule the MG's resources to meet demand. As such, as per three-level optimization, the independent system operator (ISO) clears the market with… Show more
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