Solar power station bidding

Pumped storage power stations are controllable with the characteristic of energy storage. It can be employed in combined bidding with REPPs, improving the flexibility of market bidding. In, it was pointed out that the combined bidding of wind power and pumped storage had good applicability in insular power systems.

In the day-ahead market, the energy storage helps the wind farm to pursue a higher profit, while in the real-time market, the deviation of power prediction was considered. With the development of power-to-gas (P2G) technology, hydrogen energy storage, another form of energy storage, can also be applied in a combined bidding strategy .

Based on this assumption, the bidding strategies often focus on effectively controlling the market risk caused by renewable power output uncertainty. In, it was described as a risk if the revenue of a wind farm was less than the target, modeled using chance-constrained programming.

The energy capacity can be satisfied, and more reserve capacity can be provided to power systems. BES has been studied in the combined bidding strategy with renewable energy. The BES is reasonably dispatched in to solve output deviation caused by price and wind power output uncertainty.

In, a two-stage bidding strategy was presented for the microgrid containing wind power and pumped storage. Virtual power plants (VPPs) can integrate multiple distributed power producers to obtain better characteristics of power generation and consumption .

Within the interval, wind power can be evaluated continuously, including more comprehensive wind power scenarios to improve the accuracy of bidding results. The model can be simplified because only the upper and lower boundaries are needed. An uncertainty set was employed to describe the photovoltaic power generation outputs in .