Multi-period optimal energy procurement and demand response in smart grid with uncertain supply
作者： Libin Jiang , Steven Low
关键词: Environmental economics 、 Smart grid 、 Demand forecasting 、 Demand curve 、 Demand management 、 Demand response 、 Business 、 Dynamic demand 、 Supply and demand 、 Demand patterns
摘要: We propose a simple model that integrates two-period 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 day before energy delivery. At delivery time when generation is realized, it sets prices manage purchase additional power on the market, if necessary, balance supply demand. derive optimal decision, response algorithm, study effect of volume variability welfare.
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