Impact of minimum bid requirement of Japan's electricity market on virtual power plant's profit
In the context of small-scale virtual power plants (VPPs), the minimum power requirement (MPR) poses a significant challenge for market participation due to the inherent volatility and uncertainty associated with renewable energy sources. To mitigate this, a VPP system can potentially enhance its pr...
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Main Authors: | Reza Nadimi, Masahito Takahashi, Koji Tokimatsu, Mika Goto |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2025-01-01
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Series: | Heliyon |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844025004475 |
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