Table 5 Results of risk management through γ1 (\(\gamma_{2} = 0\))
| Â | \(\gamma_{1} = 1\) | \(\gamma_{1} = 0.8\) | \(\gamma_{1} = 0.6\) | \(\gamma_{1} = 0.4\) | \(\gamma_{1} = 0.2\) | \(\gamma_{1} = 0\) |
|---|---|---|---|---|---|---|
Day-ahead energy cost (€) | 5330.613 | 5330.613 | 5330.613 | 5330.613 | 5317.760 | 5297.005 |
Reserve capacity profit (€) | 1482.188 | 1482.188 | 1482.188 | 1482.188 | 1482.188 | 1482.188 |
Real-time energy cost (€) | 0 | 0 | 0 | 0 | 0 | 0 |
Reserve deployment profit (€) | 6518.583 | 6518.583 | 6518.583 | 6518.583 | 6518.583 | 6518.583 |
Unsupplied reserve penalty cost (€) | 0 | 0 | 0 | 0 | 0 | 0 |
Satisfaction cost (€) | 3590.233 | 3307.823 | 3025.412 | 2743.002 | 2460.591 | 2176.828 |
Natural gas and operational and start-up/shut-down cost (€) | 6141.080 | 6032.660 | 5924.240 | 5815.820 | 5720.259 | 5633.999 |
Total cost of the aggregator (€) | 7061.156 | 6670.325 | 6279.494 | 5888.664 | 5497.840 | 5107.061 |