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GENCO Optimal Bidding Strategy and Profit Based Unit Commitment using Evolutionary Particle Swarm Optimization Illustrating the Effect of GENCO Market Power
(Institute of Advanced Engineering and Science, 2018)
In deregulated electricity markets, generation companies (GENCOs) make unit commitment (UC) decisions based on a profit maximization objective in what is termed profit based unit commitment (PBUC). PBUC is done for the ...
Optimal Battery Sizing of a Grid-connected Residential Photovoltaic System for Cost Minimization using PSO Algorithm
(2019)
This paper proposes a new optimization technique that uses Particle Swarm Optimization (PSO) in residential grid connected photovoltaic systems. The optimization technique targets the sizing of the battery storage system. ...