Table 6 Results of risk management through γ2 (\(\gamma_{1} = 1\))
| Â | \(\gamma_{2} = 1\) | \(\gamma_{2} = 0.8\) | \(\gamma_{2} = 0.6\) | \(\gamma_{2} = 0.4\) | \(\gamma_{2} = 0.2\) | \(\gamma_{2} = 0\) |
|---|---|---|---|---|---|---|
Day-ahead energy cost (€) | 5295.160 | 5330.289 | 4950.167 | 5330.613 | 5330.613 | 5330.613 |
Reserve capacity profit (€) | 1482.188 | 1482.188 | 1473.680 | 1482.188 | 1482.188 | 1482.188 |
Real-time energy cost (€) | 0 | 0 | 0 | 0 | 0 | 0 |
Reserve deployment profit (€) | 3724.905 | 4283.640 | 4713.420 | 5401.112 | 5959.847 | 6518.583 |
Unsupplied reserve penalty cost (€) | 0 | 0 | 0 | 0 | 0 | 0 |
Satisfaction cost (€) | 3642.447 | 3644.935 | 3644.935 | 3636.287 | 3615.820 | 3590.233 |
Natural gas and operational and start-up/shut-down cost (€) | 4464.362 | 4758.307 | 5342.663 | 5430.251 | 5783.026 | 6141.080 |
Total cost of the aggregator (€) | 8194.877 | 7967.702 | 7750.665 | 7513.851 | 7287.424 | 7061.156 |