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In smart grids, the current researches studies concerning how Distributed Energy Resources (DERs) could be initiated into the centralized electric power market. In this paper, we focus on the new framework for leading the small-scale DERs in intermediate bidding by assembling the varied DERs into the specific portfolio. We defined the 3 stakeholders in the arbitrage contract market for DERs. By analyzing...
The importance of energetic flexibility of distributed energy resources grows with the share of renewable generation in the power grid. However, the quantitative description and aggregation of flexible resources is challenging. This work proposes the use of zonotopes, a subclass of polytopes, to approximate flexibility. It is shown how optimal zonotopic approximations of flexibility can be computed...
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