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ARTICLE
Abstract
This work suggested a novel model for obtaining optimum bidding/offering strategy to improve the benefits in case
of big users. Aiming this regard, several electrical energy resources including: micro turbines, green power sources
(wind turbine and photovoltaic system), power storage unit such as Hydrogen storage system with fuel cell, as well as
mutual treaties are taken into account in offered model. Considering various models for uncertain parameters based
on their natures such as power demand, electricity market tariffs, solar irradiation, temperature and wind speed
is one of the contributions of the proposed model. Uncertainty of power demand is modeled by robust optimal
method whereas remain uncertain parameters are incorporated in model by stochastic method. Considering of
wind speed cased is made by Weibull distribution. While, normal distribution is utilized for production of cases for
electricity market tariffs, solar irradiation and temperature. In order to reduce the bidding error loss, the storage
devices are corporate with green energy in power unbalanced conditions. Combined-integer linear programming
method is applied for handling of pricing method profiles that have strength against considered uncertainties on
power demand of big user. The obtained results confirm, the entire electrical energy supplement expenditure of
big user in absence of demand uncertainty is $39.63 whereas it is augmented up to $49.47 to achieve robustness
vs. demand uncertainty. Also, using of hydrogen storage system by considering the reliability index is reduced the
bidding price of the system.
Keywords
Cite This Article
Li, C., Zuo, X. (2022). Effects of Hydrogen Storage System and Renewable Energy Sources for Optimal Bidding Strategy in Electricity Market.
Energy Engineering, 119(5), 1879–1903.