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Table 2 Description of cases

From: Two-stage stochastic-robust model for the self-scheduling problem of an aggregator participating in energy and reserve markets

Case

Scenario

Energy market

Reserve market

Uncertainty

Scenario description

1

–

✓

✗

✗

 

2 (base case)

a

✓

✓

✗

 
 

b

✓

✓

✗

Compared to case 2.a, reserve service is limited to only upward direction or downward direction

 

c

✓

✓

✗

Compared to case 2.a, reserve regulation of minimum offer/bid size increases or decreases

 

d

✓

✓

✗

Compared to case 2.a, reserve regulation of minimum delivery duration increases or decreases

 

e

✓

✓

✗

Compared to case 2.a, the impacts of RGM prices are considered

3

a

✓

✓

✓

Based on case 2.a, RO method and risk management through fluctuation intervals are considered

 

b

✓

✓

✓

Based on case 3.a, SP method and risk management through CVaR are further considered