Spot electricity market design for a power system characterized by high penetration of renewable energy generation

Abstract The continuous growth of renewable generation in power systems brings serious challenges to electricity markets due to their characteristics different from conventional generation technologies. These challenges come from two dimensions, including short‐term (energy and ancillary service mar...

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Bibliographic Details
Main Authors: Jiajia Yang, Zhao Yang Dong, Fushuan Wen, Qixin Chen, Bomiao Liang
Format: Article
Language:English
Published: Wiley 2021-06-01
Series:Energy Conversion and Economics
Online Access:https://doi.org/10.1049/enc2.12031