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A Computational Efficient Pumped Storage Hydro Optimization in the Look-ahead Unit Commitment and Real-time Market Dispatch Under Uncertainty
To provide a practical solution to the daily operation of a PSHU in a single day look-ahead commitment (LAC) and real-time market, this paper proposes two pumped storage hydro (PSH) models that only use probabilistic price forecast to incorporate uncertainties and manage risks in the LAC and real-time market operation.
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