Trading small prosumers flexibility in the day-ahead energy market

J. P. Iria, F. J. Soares, M. A. Matos

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

18 Citations (Scopus)

Abstract

This paper addresses the bidding problem faced by an aggregator of small prosumers, when participating in the day-ahead energy market. A two-stage stochastic optimization model is proposed to support the aggregator in the definition of optimal and robust demand and supply bids. Stochastic programing is used to deal with uncertainty of end-users' behavior, outdoor temperature, electricity demand and PV generation. The proposed approach was compared to other benchmark strategy, using a case study of 1000 prosumers from the Iberian market.

Original languageEnglish
Title of host publication2017 IEEE Power and Energy Society General Meeting, PESGM 2017
PublisherIEEE Computer Society
Pages1-5
Number of pages5
ISBN (Electronic)9781538622124
DOIs
Publication statusPublished - 29 Jan 2018
Externally publishedYes
Event2017 IEEE Power and Energy Society General Meeting, PESGM 2017 - Chicago, United States
Duration: 16 Jul 201720 Jul 2017

Publication series

NameIEEE Power and Energy Society General Meeting
Volume2018-January
ISSN (Print)1944-9925
ISSN (Electronic)1944-9933

Conference

Conference2017 IEEE Power and Energy Society General Meeting, PESGM 2017
Country/TerritoryUnited States
CityChicago
Period16/07/1720/07/17

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