no code implementations • 5 Jul 2023 • Cong Chen, Ahmed S. Alahmed, Timothy D. Mount, Lang Tong
We consider the aggregation of distributed energy resources (DERs) by a profit-seeking DER aggregator (DERA), participating directly in the wholesale electricity market.
no code implementations • 5 Jul 2023 • Cong Chen, Subhonmesh Bose, Timothy D. Mount, Lang Tong
Distributed energy resource aggregators (DERAs) must share the distribution network together with the distribution utility in order to participate in the wholesale electricity markets that are operated by independent system operators (ISOs).
no code implementations • 1 Jul 2022 • Cong Chen, Ahmed S. Alahmed, Timothy D. Mount, Lang Tong
Also obtained are DERA's bid and offer curves for its participation in the wholesale energy market and the optimal schedule of behind-the-meter resources.