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Keywords: Real‐time pricing
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Journal Articles
International Journal of Energy Sector Management (2011) 5 (4): 585–602.
Published: 22 November 2011
... pricing. Design/methodology/approach The authors propose a real‐time market in which real‐time prices are based on the grid frequency. A model for real‐time price‐based operation of a conventional generator and a BESS is presented. Simulations for different wind penetration scenarios are carried out...
