Economic Dispatch with Demand Response in Smart Grid: Bargaining Model and Solutions
This paper proposes an economic dispatch strategy for the electricity system with one generation company, multiple utility companies and multiple consumers, which participate in demand response to keep the electricity real-time balance. In the wholesale markets, multiple utility companies will commo...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2017-08-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/10/8/1193 |