Driven by global concerns about the climate and the environment, the world is opting for
renewable energy sources (RESs), such as wind and solar. However, RESs suffer from the …

The increasing penetration of renewable energy sources (RESs) in the power system has
highlighted the benefits of being able to store energy in a more efficient manner, and the …

Electrical power generation is changing dramatically across the world because of the need
to reduce greenhouse gas emissions and to introduce mixed energy sources. The power …

Large-scale battery storage will become an essential part of the future smart grid. This paper
investigates the optimal bidding strategy for battery storage in power markets. Battery …

This paper presents a risk-based approach for evaluating the participation strategy of a
battery storage system in multiple markets. Simultaneous offering in day-ahead energy …

In this paper, three practical operation strategies (24Optimal, 24Prognostic, and
24Hsitrocial) are compared to the optimum profit feasible for a PHES facility with a 360 MW …

Dynamics of the world are changing, and people are preferring low cost and reliable power
throughout the day. The addition of renewable energy to the existing system is also one of …

The accelerated growth of the energy economy is still highly dependent on finite fossil fuel
reserves. Modern power systems could not exist without the many forms of electricity storage …

Energy storage systems (ESS) may provide the required flexibility to cost-effectively
integrate weather-dependent renewable generation, in particular by offering operating …

This paper proposes the use of a risk measure based robust optimization bidding strategy
for dispatching a wind farm in combination with energy storage. Through coordination with …