Demand response in consumer-Centric electricity market: Mathematical models and optimization problems

BSK Patnam, NM Pindoriya - Electric Power Systems Research, 2021 - Elsevier
This article presents an overview of mathematical modeling and optimization of demand
response (DR) algorithms reported in the literature. The DR can be implemented at various …

Decision-making for electricity retailers: A brief survey

J Yang, J Zhao, F Luo, F Wen… - IEEE Transactions on …, 2017 - ieeexplore.ieee.org
With the continuous development of smart grid and further restructuring of power industry,
modern power systems have been transformed to complex cyber-physical systems …

Risk-constrained profit maximization for microgrid aggregators with demand response

DT Nguyen, LB Le - IEEE Transactions on smart grid, 2014 - ieeexplore.ieee.org
In this paper, we consider the operation optimization for a microgrid (MG) aggregator, which
can procure energy from various sources including the pool market and local distributed …

A model of customizing electricity retail prices based on load profile clustering analysis

J Yang, J Zhao, F Wen, Z Dong - IEEE Transactions on Smart …, 2018 - ieeexplore.ieee.org
The problem of customizing electricity retail prices using data mining techniques is studied
in this paper. The density-based spatial clustering of applications with noise is first applied to …

Application of fuel cell and electrolyzer as hydrogen energy storage system in energy management of electricity energy retailer in the presence of the renewable …

S Nojavan, K Zare, B Mohammadi-Ivatloo - Energy conversion and …, 2017 - Elsevier
The plug-in electric vehicles and hydrogen storage systems containing electrolyzer, stored
hydrogen tanks and fuel cell as energy storage systems can bring various flexibilities to the …

Dynamic pricing design for demand response integration in power distribution networks

DT Nguyen, HT Nguyen, LB Le - IEEE Transactions on power …, 2016 - ieeexplore.ieee.org
This paper presents optimal pricing design for demand response (DR) integration in the
distribution network. In particular, we study the energy scheduling problem for a load serving …

Transactive energy systems in active distribution networks: A comprehensive review

Y Zou, Y Xu, X Feng, RT Naayagi… - CSEE Journal of Power …, 2022 - ieeexplore.ieee.org
Increasing penetration of distributed energy resources (DERs) introduced by different
stakeholders, poses an immense challenge to power network operators. The traditional …

Optimal stochastic energy management of retailer based on selling price determination under smart grid environment in the presence of demand response program

S Nojavan, K Zare, B Mohammadi-Ivatloo - Applied energy, 2017 - Elsevier
In this paper, bilateral contracting and selling price determination problems for an electricity
retailer in the smart grid environment under uncertainties have been considered. Multiple …

Customized rebate pricing mechanism for virtual power plants using a hierarchical game and reinforcement learning approach

W Chen, J Qiu, J Zhao, Q Chai… - IEEE Transactions on …, 2022 - ieeexplore.ieee.org
In the transition to a two-sided electricity market, energy users are turning into prosumers
who own the flexible distributed energy resources (DERs) and have the potential to provide …

A multi-objective model for scheduling of short-term incentive-based demand response programs offered by electricity retailers

MAF Ghazvini, J Soares, N Horta, R Neves, R Castro… - Applied energy, 2015 - Elsevier
In this paper, we formulate the electricity retailers' short-term decision-making problem in a
liberalized retail market as a multi-objective optimization model. Retailers with light physical …