Data-Driven Scheduling of Energy Storage in Day-Ahead Energy and Reserve Markets with Probabilistic Guarantees on Real-Time Delivery

Energy storage systems (ESS) may provide the required flexibility to cost-effectively integrate weather-dependent renewable generation, in particular by offering operating reserves. However, since the real-time deployment of these services is uncertain, ensuring their availability requires merchant ESS to fully reserve the associated energy capacity in their day-ahead schedule. To improve such con...