G. Knežević, Monika Maligec, Velimir Golub, D. Topić
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The optimal utilization of the battery storage for a virtual prosumer participating on a day-ahead market
In this paper, a model for obtaining optimal market bid on a day-ahead market for a virtual prosumer representing a group of prosumers is presented. Optimization model gives the optimal plan of a battery storage utilization to achieve maximal profit on the day-ahead. Optimization model is applied on a case study in order to show general features of the model. The case study is made on supposed power system based on the 700 households each obtaining photovoltaic (PV) power plant rated power of 10 kW. These 700 prosumers are represented by one virtual prosumer that has available battery storage rated capacity of 50 MWh. Virtual prosumer participates in the CROPEX day-ahead market.