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Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets
This paper proposes a stochastic framework for demand response (DR) aggregator to procure DR from customers and sell it to purchasers in the wholesale electricity market. The aggregator assigns fixed DR contracts with ...
Effects of Bidding Data Disclosure on Unilateral Exercise of Market Power
Disclosure and public availability of market related information is referred to as data transparency in electricity markets. There are still several open questions about the extent and quality of optimal market data ...
Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets
This paper proposes a stochastic framework for demand response (DR) aggregator to procure DR from customers and sell it to purchasers in the wholesale electricity market. The aggregator assigns fixed DR contracts with ...
Selling Price Determination to the Customers for a Wind Farm Owner
One of the largest obstacles faced by wind farm
owners (WFOs) is uncertainty in generation. Due to it and
uncertain pool price, it is a risky business. If the WFO could sell
energy to the customers as ...
Bidding strategy of demand response aggregators in DRX market
In this paper a bi-level model is proposed for
participation of demand response aggregator in demand response
exchange market. The objective of aggregator, modeled through
upper level problem, is to ...
Designing Commercial Short-term Load Forecasting Software using Hybrid ANN-ARIMA Forecasting Engine
This paper presents a smart forecasting software with the aim to predict short term electricity load. For this purpose, different forecasting engines have been utilized to reduce error. In order to devise a commercial ...
Smart Hybrid AC-DC Microgrid Test-bed for Power System Studies & Restructuring Laboratory - Part I
Restructuring of traditional regulated and centralized power systems has brought the new concept of microgrids in distribution networks. Microgrids could be attractive options to optimally apply the benefits of distributed ...