A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is application/pdf.
Multi-period optimal energy procurement and demand response in smart grid with uncertain supply
2011
IEEE Conference on Decision and Control and European Control Conference
Preserved Fulltext
We propose a simple model that integrates twoperiod electricity markets, uncertainty in renewable generation, and real-time dynamic demand response. A load-serving entity decides its day-ahead procurement to optimize expected social welfare a day before energy delivery. At delivery time when renewable generation is realized, it sets prices to manage demand and purchase additional power on the real-time market, if necessary, to balance supply and demand. We derive the optimal day-ahead decision,
doi:10.1109/cdc.2011.6161320
dblp:conf/cdc/JiangL11
fatcat:oscivtosmzdu3jubsvss5ayypq