Modelling the interdependence of multiple electricity markets in the distribution system aggregator bidding

HIGHLIGHTS

  • who: Aggregator Bidding and collaborators from the (UNIVERSITY) have published the article: Modelling the Interdependence of Multiple Electricity Markets in the Distribution System Aggregator Bidding, in the Journal: (JOURNAL)
  • what: In this paper a novel statistical model based on Gaussian process regression and mutual information screening technique is developed. The bidding strategy of a small-scale microgrids aggregator for participation in the RT balancing market is introduced; their proposed model aims to achieve maximum returns while mitigating the effects of uncertainties. The model is trained using historical data of different markets that contain the most . . .

     

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