Day-Ahead Electricity Price Forecasting and Scheduling of Energy Storage in LMP Market
This paper proposes an optimization strategy for the day-ahead planning of utility owned energy storage operation while considering the electricity price volatility in locational marginal pricing (LMP) market. The proposed optimization strategy works upon the predicted day-ahead electricity prices w...
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| Format: | Article |
| Language: | English |
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IEEE
2019-01-01
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| Series: | IEEE Access |
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| Online Access: | https://ieeexplore.ieee.org/document/8894352/ |