Risk-constrained bidding and offering strategy for sector-coupled electricity-hydrogen systems incorporating accessibility level of mobility sector.

To enhance the economic viability of integrated energy systems, it is important to balance risk and reward while ensuring operational flexibility and compliance with regulatory constraints. Developing an integrated risk measurement method for energy trading in energy markets that complies with regulatory constraints adds another layer of complexity, especially when dealing with large-scale heterogeneous energy systems, such as those dominated by green hydrogen. Ensuring adherence to market regulations, grid codes, and flexible requirements requires a thorough understanding of legal frameworks and policy considerations, as well as integrating regulatory constraints into the bidding/offering strategies. To address these challenges and enable the profitable development of integrated electricity-hydrogen energy systems (IEHSs), this paper develops a risk-constrained bidding/offering self-scheduling strategy for IEHSs that allows for simultaneous trading in day-ahead energy and reserve electricity markets. The developed self-scheduling strategy regulates hydrogen and power flow in a centralized manner, taking into account the operational limits of the power sector, hydrogen fueling stations (HFSs), electric vehicle parking lots, fuel cell vehicle parking lots, and renewable energy sources. As a salient feature, the important human-related factors in the mobility sector are included in the proposed strategy to motivate private owners to collaborate with IEHSs and to accommodate the charging demand of vehicles with electricity market signals. To obtain the robust day-ahead schedule, economic risks associated with renewable power generation, calls for reserve deployment, and electricity market prices are taken into consideration. Towards this end, a stochastic adaptive robust optimization approach is proposed to control the risk of profit variability, which is solved by a nested column-and-constraint generation algorithm. The effectiveness and feasibility of the proposed strategy are verified using the modified IEEE 14-bus test system, as a standard scale of local IEHSs. The numerical results highlight the synergies impact between HFSs and the power sector, resulting in an increase in the profit of the IEHS from $101.654k to $275.078k. Furthermore, the IEHS can improve its profit margin and competitiveness by employing the tri-level stochastic adaptive robust optimization approach. This approach ensures that the IEHS is resistant to sudden changes in real-time interactions, even with an 8.14% increase in the imbalance cost. • A risk-constrained market model is proposed for integrated electricity-hydrogen systems. • An adaptive robust approach is proposed to control the risk of profit variability. • The level of access to the mobility sector is reflected in the market-oriented strategy. [ABSTRACT FROM AUTHOR]