Forecast error sensitivity analysis for bidding in electricity markets with hybrid renewable plant using battery energy storage system

HIGHLIGHTS

  • who: Jon Martinez-Rico and colleagues from the School of Engineering, University of the Basque Country, IngTorres Quevedo, , Bilbao, Spain have published the article: Forecast Error Sensitivity Analysis for Bidding in Electricity Markets with Hybrid Renewable Plant Using Battery Energy Storage System, in the Journal: (JOURNAL)
  • what: For this study, day-ahead and intraday market participation were analyzed. Since the aim of this study is to evaluate the effects of the prediction errors, no error is applied to the real price. By using this model, the corresponding energy efficiency curves are obtained. In this study . . .

     

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