• DOI:10.1109/TPWRS.2015.2394355
Corpus ID: 17315858

Optimal Bidding, Scheduling, and Deployment of Battery Systems in California Day-Ahead Energy Market

@article{MohsenianRad2016OptimalBS,
  title={Optimal Bidding, Scheduling, and Deployment of Battery Systems in California Day-Ahead Energy Market},
  author={Hamed Mohsenian-Rad},
  journal={IEEE Transactions on Power Systems},
  year={2016},
  volume={31},
  pages={442-453}
}

Hamed Mohsenian-Rad

Published 2016

Economics

IEEE Transactions on Power Systems

An optimal supply and demand bidding, scheduling, and deployment design framework is proposed for battery systems. It takes into account various design factors such as the day-ahead and real-time market prices and their statistical dependency, as well as the location, size, efficiency, lifetime, and charge and discharge rates of the batteries. Utilizing second-life/used batteries is also considered. Without loss of generality, our focus is on the California Independent System Operator (ISO… CONTINUE READING

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