@proceedings{36331,
  author = {Julie Mulvaney Kemp and Miguel Heleno and Andrew D Mills},
  title = {Hybrid Power Plant Bidding in Models of Future Electricity Systems},
  abstract = {<p><span>This paper proposes a stochastic model for hybrid power plants participation in day-ahead electricity markets, considering uncertainty in market prices and renewable generation. Additionally, it presents a methodology to incorporate this hybrid participation into existing production cost models (PCM), allowing the analysis and market design of future systems with high penetration of hybrids. These developments are illustrated using a wind-battery hybrid located in New York Independent System Operator (NYISO) footprint.</span></p>},
  year = {2023},
  journal = {2023 IEEE Power & Energy Society General Meeting (PESGM)},
  month = {07/2023},
  publisher = {IEEE},
  address = {Orlando, FL, USA},
  url = {https://ieeexplore.ieee.org/abstract/document/10252335},
  doi = {https://doi.org/10.1109/PESGM52003.2023.10252335},
  note = {<p>&nbsp;This is a preprint version of conference proceedings published IEEE. The published paper can be viewed <a title="DOI" href="https://doi.org/10.1109/PESGM52003.2023.10252335" target="_blank"><strong>here</strong></a>.&nbsp;</p><p>A full report on this project was published in August 2023 and can be viewed <a title="Report webpage link" href="https://emp.lbl.gov/publications/integration-hybrids-wholesale-power" target="_blank"><strong>here</strong></a>.&nbsp;</p>},
  language = {eng},
}