Implementing a Flexible Penalizing Mechanism for Wind Power Producers in the Regulating Market
The balancing market as a significant part of the spot market addresses fair transaction settlements to eliminate the system imbalances in real time. However, traditional penalty mechanisms that have been also adopted for renewable generators may incur unintended consequences for such intermittent p...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2023-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/10310216/ |