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} }
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… Expand
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