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    A bi-level model for optimal bidding of a multi-carrier technical virtual power plant in energy markets

    , Article International Journal of Electrical Power and Energy Systems ; Volume 125 , 2021 ; 01420615 (ISSN) Foroughi, M ; Pasban, A ; Moeini Aghtaie, M ; Fayaz Heidari, A ; Sharif University of Technology
    Elsevier Ltd  2021
    Abstract
    Distributed energy resources (DERs) play an important role in the future vision of distribution energy networks. This paper with the aim of promoting DERs role in energy markets proposes a new framework for the optimal bidding strategy of a Technical Virtual Power Plant (TVPP) in different markets. In the proposed framework, it is assumed that the TVPP energy power is distributed throughout a multi-carrier energy network (MCEN) which consists of district heat networks (DHNs) and a distributed electricity network (DEN). In the MCEN, CHP units are the linkage between DHNs and DEN. With the goal of maximizing the profit of TVPP in different local and wholesale energy markets, a bi-level...