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

Table 5

Average and CVaR values of WF-ESS’s daily profit as increases.

	0	0.1	0.2	0.3	0.4	0.5	0.6	0.7	0.8	0.9	1
ADP; (10^4DKK)	4.76	5.46	6.11	7.45	8.31	8.89	9.07	9.24	9.48	9.56	9.59
CVaR (10^4DKK)	7.79	7.41	6.82	6.11	5.80	5.53	5.18	4.76	4.33	3.84	3.56