2020
DOI: 10.1109/tpwrs.2019.2943670
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On the Interaction Between Aggregators, Electricity Markets and Residential Demand Response Providers

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Cited by 113 publications
(45 citation statements)
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“…The provision of the ASs caused deviation from the reference operation points of aggregated resources, hence, the values of the objective function for all scenarios were lower compared to the reference case. The difference between the obtained value of the objective function (for Scenarios [1][2][3][4][5][6] and reference value should be treated as the minimum price of the offer for AS provision (Figure 11). The lowest profits were obtained in Scenarios 2, 4 and 6 in which RES curtailment was allowed, and a significant decrease in incomes due to lost generation occurred.…”
Section: Resultsmentioning
confidence: 99%
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“…The provision of the ASs caused deviation from the reference operation points of aggregated resources, hence, the values of the objective function for all scenarios were lower compared to the reference case. The difference between the obtained value of the objective function (for Scenarios [1][2][3][4][5][6] and reference value should be treated as the minimum price of the offer for AS provision (Figure 11). The lowest profits were obtained in Scenarios 2, 4 and 6 in which RES curtailment was allowed, and a significant decrease in incomes due to lost generation occurred.…”
Section: Resultsmentioning
confidence: 99%
“…Small ESSs for household application, due to their growing number, can be aggregated The small size of distributed assets is a problem causing a lack of ability to participate in wholesale markets such as balancing markets and AS markets; moreover, legal obligations constitute a barrier for some entities. Therefore, an additional agent, that is, an aggregator, is required [1][2][3][4]. Figure 1 depicts the DRA coordinator as an entity responsible for distributed asset coordination and control enabling active participation of DERs in the management of power system operation.…”
Section: Introductionmentioning
confidence: 99%
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“…The LA simulates the response mode of residential consumers and estimates response potential and response willingness of residents. On this basis, the LA formulates the optimal bidding strategies with the largest net profit and participate in this bidding [28,29]. This section will build the LA bidding model and propose a method to formulate the optimal bidding strategy.…”
Section: La Bidding Modelmentioning
confidence: 99%
“…For mathematical modeling, reference [9] provided a comprehensive mathematical model and calculation method for market clearing to study the unregulated market perspective in integrated energy systems. Reference [10] improved the optimal heat flow model and optimal power flow model for market clearing. Reference [11] proposed a two-stage hybrid random information gap decision theory model for the market clearing.…”
Section: Introductionmentioning
confidence: 99%