2023
DOI: 10.3390/electronics12204327
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Pricing Mechanism and Trading Strategy Optimization for Microgrid Cluster Based on CVaR Theory

Wengang Chen,
Ying Zhang,
Jiajia Chen
et al.

Abstract: With the increasing penetration rate of renewable energy generation, the uncertainty of renewable energy output in microgrid cluster (MGC) leads to significant fluctuations in transaction volume, which may lead to the risk of transaction default. This paper proposes a day-ahead two layer trading model for microgrid cluster based on price trading mechanism and Conditional value-at-risk (CVaR) theory. Firstly, the upper-layer establishes an objective to minimize the overall power fluctuation of the microgrid clu… Show more

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Cited by 5 publications
(1 citation statement)
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“…Ref. [ 8 ] proposed a two-stage trading model for microgrid clusters based on the price trading mechanism and conditional value-at-risk (CVaR) theory, introducing the CVaR theory to quantify the potential risk of trading defaults and reduce the operating costs of microgrid clusters. Ref.…”
Section: Introductionmentioning
confidence: 99%
“…Ref. [ 8 ] proposed a two-stage trading model for microgrid clusters based on the price trading mechanism and conditional value-at-risk (CVaR) theory, introducing the CVaR theory to quantify the potential risk of trading defaults and reduce the operating costs of microgrid clusters. Ref.…”
Section: Introductionmentioning
confidence: 99%