Integrated risk measurement and control for stochastic energy trading of a wind storage system in electricity markets

Abstract To facilitate wind energy use and avoid low returns, or even losses in extreme cases, this paper proposes an integrated risk measurement and control approach to jointly manage multiple statistical properties of the expected profit distribution for a wind storage system. First, a risk-averse...

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Bibliographic Details
Main Authors: Dongliang Xiao, Haoyong Chen, Weijun Cai, Chun Wei, Zhendong Zhao
Format: Article
Language:English
Published: SpringerOpen 2023-11-01
Series:Protection and Control of Modern Power Systems
Subjects:
Online Access:https://doi.org/10.1186/s41601-023-00329-3

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