학술논문

Joint Bidding Strategy of Large-Scale Battery Storage Company in Energy, Reserve and Regulation Markets
Document Type
Conference
Source
2021 IEEE/IAS Industrial and Commercial Power System Asia (I&CPS Asia) Industrial and Commercial Power System Asia (I&CPS Asia), 2021 IEEE/IAS. :355-359 Jul, 2021
Subject
Power, Energy and Industry Applications
Degradation
Uncertainty
Simulation
Pricing
Electricity supply industry
Regulation
Batteries
battery storage stations
price-maker
joint dispatch
bidding strategy
MILP
Language
Abstract
In order to more profitable allocate the operations of large-scale battery storage stations (BSSs) with locational diversity across various electricity markets, a bilevel formulation is proposed to coordinate the bidding decisions of BSSs in energy, reserve and regulation markets. In which, total profit of BSSs can achieve a global optimum with the consideration of power flow constraints under locational marginal pricing (LMP) clearing schemes. Meanwhile, the battery degradation cost is molded and the stochastic extension with uncertainties are considered. Moreover, the bilevel problem can be converted to mixed-integer linear programming (MILP). Case studies validated the performance of proposed method.