2 papers
eess.SY2024
Risk-Aware Value-Oriented Net Demand Forecasting for Virtual Power Plants
Yufan Zhang, Jiajun Han, Yuanyuan Shi
This paper develops a risk-aware net demand forecasting product for virtual power plants, which helps reduce the risk of high operation costs. At the training phase, a bilevel prog…
math.OC2024
Energy Storage Arbitrage in Two-settlement Markets: A Transformer-Based Approach
Saud Alghumayjan, Jiajun Han, Ningkun Zheng +2
This paper presents an integrated model for bidding energy storage in day-ahead and real-time markets to maximize profits. We show that in integrated two-stage bidding, the real-ti…