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A multi-stage stochastic programming model for the unit commitment of conventional and virtual power plants bidding in the day-ahead and ancillary services markets

Citations

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  1. Youngkook Song & Myeongju Chae & Yeonouk Chu & Yongtae Yoon & Younggyu Jin, 2024. "Impact of Penalty Structures on Virtual Power Plants in a Day-Ahead Electricity Market," Energies, MDPI, vol. 17(23), pages 1-23, December.
  2. Jiang, Yuzheng & Dong, Jun & Huang, Hexiang, 2024. "Optimal bidding strategy for the price-maker virtual power plant in the day-ahead market based on multi-agent twin delayed deep deterministic policy gradient algorithm," Energy, Elsevier, vol. 306(C).
  3. Feng, Jie & Ran, Lun & Wang, Zhiyuan & Zhang, Mengling, 2024. "Optimal energy scheduling of virtual power plant integrating electric vehicles and energy storage systems under uncertainty," Energy, Elsevier, vol. 309(C).
  4. Chen, Jie & Wu, Panfeng & Chen, Wu & Guerrero, Josep M. & Niu, Zhewen & Li, Zhengmao, 2026. "Two-layer coordinated operation of multi-energy system considering carbon-oriented collaborative pricing mechanism via two-stage stochastic programming approach," Applied Energy, Elsevier, vol. 406(C).
  5. Qiu, Dawei & Baig, Aimon Mirza & Wang, Yi & Wang, Lingling & Jiang, Chuanwen & Strbac, Goran, 2024. "Market design for ancillary service provisions of inertia and frequency response via virtual power plants: A non-convex bi-level optimisation approach," Applied Energy, Elsevier, vol. 361(C).
  6. Ju, Liwei & Lv, ShuoShuo & Zhang, Zheyu & Li, Gen & Gan, Wei & Fang, Jiangpeng, 2024. "Data-driven two-stage robust optimization dispatching model and benefit allocation strategy for a novel virtual power plant considering carbon-green certificate equivalence conversion mechanism," Applied Energy, Elsevier, vol. 362(C).
  7. Liuqing Gu & Jian Xu & Deping Ke & Youhan Deng & Xiaojun Hua & Yi Yu, 2024. "Short-Term Output Scenario Generation of Renewable Energy Using Transformer–Wasserstein Generative Adversarial Nets-Gradient Penalty," Sustainability, MDPI, vol. 16(24), pages 1-20, December.
  8. Alice La Fata & Giulio Caprara & Riccardo Barilli & Renato Procopio, 2025. "A Classification Algorithm for Revenue Range Estimation in Ancillary Service Markets," Energies, MDPI, vol. 18(19), pages 1-20, October.
  9. Yang, Shenbo & Fang, Jiangpeng & Zhang, Zheyu & Lv, ShuoShuo & Lin, Hongyu & Ju, Liwei, 2024. "Two-stage coordinated optimal dispatching model and benefit allocation strategy for rural new energy microgrid," Energy, Elsevier, vol. 292(C).
  10. Dong, Jizhe & Li, Yuanhan & Zuo, Shi & Wu, Xiaomei & Zhang, Zuyao & Du, Jiang, 2023. "An intraperiod arbitrary ramping-rate changing model in unit commitment," Energy, Elsevier, vol. 284(C).
  11. Siddique, Muhammad Bilal & Keles, Dogan & Scheller, Fabian & Nielsen, Per Sieverts, 2024. "Dispatch strategies for large-scale heat pump based district heating under high renewable share and risk-aversion: A multistage stochastic optimization approach," Energy Economics, Elsevier, vol. 136(C).
  12. Weigang Jin & Peihua Wang & Jiaxin Yuan, 2024. "Key Role and Optimization Dispatch Research of Technical Virtual Power Plants in the New Energy Era," Energies, MDPI, vol. 17(22), pages 1-24, November.
  13. Fei Xue & Wei Xiong & Jiahao Chen & Yonghai Yi & Zehui Liu & Jun Zeng & Junfeng Liu, 2025. "Optimal Scheduling of Electric Vehicles for Peak Load Regulation: A Multi-Time Scale Approach with Comprehensive Evaluation and Feedback," Energies, MDPI, vol. 18(7), pages 1-23, April.
  14. Meng, Yuan & Qiu, Jing & Zhang, Cuo & Lei, Gang & Zhu, Jianguo, 2024. "A Holistic P2P market for active and reactive energy trading in VPPs considering both financial benefits and network constraints," Applied Energy, Elsevier, vol. 356(C).
  15. Jiaqi Liu & Hongji Hu & Samson S. Yu & Hieu Trinh, 2023. "Virtual Power Plant with Renewable Energy Sources and Energy Storage Systems for Sustainable Power Grid-Formation, Control Techniques and Demand Response," Energies, MDPI, vol. 16(9), pages 1-28, April.
  16. Chang, Weiguang & Yang, Qiang, 2025. "Game-theoretic risk-averse day-ahead optimal bidding strategy of virtual power plant aggregated with heterogeneous distributed resources," Energy, Elsevier, vol. 336(C).
  17. Mei, Shufan & Tan, Qinliang & Liu, Yuan & Trivedi, Anupam & Srinivasan, Dipti, 2023. "Optimal bidding strategy for virtual power plant participating in combined electricity and ancillary services market considering dynamic demand response price and integrated consumption satisfaction," Energy, Elsevier, vol. 284(C).
  18. Shen, Weijie & Ding, Hongjian & Zeng, Ming & Zhang, Xiaochun, 2025. "Optimal bidding strategy for integrated energy system participating in spot power market: A Wasserstein metric based DRO method," Energy, Elsevier, vol. 327(C).
  19. La Fata, Alice & Brignone, Massimo & Procopio, Renato & Bracco, Stefano & Delfino, Federico & Barbero, Giulia & Barilli, Riccardo, 2024. "An energy management system to schedule the optimal participation to electricity markets and a statistical analysis of the bidding strategies over long time horizons," Renewable Energy, Elsevier, vol. 228(C).
  20. Hugo Algarvio & Vivian Sousa, 2025. "Strategies to Incentivize the Participation of Variable Renewable Energy Generators in Balancing Markets," Energies, MDPI, vol. 18(11), pages 1-23, May.
  21. Koubar, Mohamad & Lindberg, Oskar & Lingfors, David & Huang, Pei & Berg, Magnus & Munkhammar, Joakim, 2025. "Techno-economical assessment of battery storage combined with large-scale Photovoltaic power plants operating on energy and Ancillary Service Markets," Applied Energy, Elsevier, vol. 382(C).
  22. Li, Ningning & Gao, Yan, 2023. "Real-time pricing based on convex hull method for smart grid with multiple generating units," Energy, Elsevier, vol. 285(C).
  23. Yang, Yesen & Li, Zhengmao & Xu, Yan & Xiao, Gaoxi & Lo, Edmond Y. & Wang, Peng, 2025. "Co-optimized recovery framework for damaged coupled power-water systems with temporal-spatial coordination and MT-SOPs," Applied Energy, Elsevier, vol. 401(PB).
  24. Silva-Rodriguez, Lina & Sanjab, Anibal & Fumagalli, Elena & Gibescu, Madeleine, 2024. "Light robust co-optimization of energy and reserves in the day-ahead electricity market," Applied Energy, Elsevier, vol. 353(PA).
  25. Li, Wanying & Dong, Fugui & Ji, Zhengsen & Wang, Peijun, 2025. "Internal and external coordinated distributionally robust bidding strategy of virtual power plant operator participating in day-ahead electricity spot and peaking ancillary services markets," Applied Energy, Elsevier, vol. 386(C).
  26. Esfahani, Moein & Alizadeh, Ali & Amjady, Nima & Kamwa, Innocent, 2024. "A distributed VPP-integrated co-optimization framework for energy scheduling, frequency regulation, and voltage support using data-driven distributionally robust optimization with Wasserstein metric," Applied Energy, Elsevier, vol. 361(C).
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