The growing concern about decarbonization of the energy production system led to the use of Renewable Energy Sources (RES). However, RES has the drawback of being inherently intermittent and lack controllability, placing limitations on their use. To avoid such limitations, the exploitation of a...

This paper studies the bidding strategy of a Virtual Power Plant (VPP) in a market of energy and regulation service. The operation of distributed energy resources (DER) and battery energy storage inside the VPP is analyzed. A bidding strategy of the VPP including the spinning reserve contract...

The calculation of unit cost that can be used for estimating capacity investment decisions is frequently ambiguous due to the many ways to apportion applicable cash ows connected to the delivery of products. This paper studies the identification of relevant unit cost when productive capacity is...