Abstract:The market clearing pricing (MCP) model is used to operate electricity, gas, and heating networks (EGHNs) with flexible energy hubs (EHs) in the day‐ahead energy market. It's two‐level optimization. Its higher level refers to EHs' participation in the market and their profit maximization bound by the operational model of power sources, storage devices, and responsive loads in the form of EHs and their flexibility limit. In the lower‐level problem, the MCP model calculates energy price and evaluates EH performa… Show more
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