Research Article

Optimal Offering and Operating Strategies for Wind-Storage System Participating in Spot Electricity Markets with Progressive Stochastic-Robust Hybrid Optimization Model Series

Table 2

Parameters of WF-ESS.

(MWh) (MWh) (MWh) (MW)

0.950.9510503075
(MW) (MW) (DKK/MWh) (DKK/MWh)--
10101963.719--

Note: parameters are set according to [15] except for and . In our simulation we set and larger than those in [15], the main purpose of which is to artificially increase the difficulty of WF-ESS to obtain profit in the markets to verify the feasibility of our proposed method.