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IET Smart Grid
The authors present a novel concept of virtual system operator (VSO) and its mechanism. This mechanism aims to determine load consumption pattern on day-ahead basis which suits all the involved entities individually in real-time pricing environment. The demand profile is scheduled by every consumer by performing demand response (DR) without having to coordinate with other consumers in the system. In the process flow, the VSO which remains in communication with the system operator and thedoi:10.1049/iet-stg.2018.0023 fatcat:ltukwjqvubfshlelm65l2o7cze