Multi-Objective Market Clearing Model with an Autonomous Demand Response Scheme

Demand response (DR) is known as a key solution in modern power systems and electricity markets for mitigating wind power uncertainties. However, effective incorporation of DR into power system operation scheduling needs knowledge of the price–elastic demand curve that relies on several fa...

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Bibliographic Details
Main Authors: Neda Hajibandeh, Miadreza Shafie-khah, Sobhan Badakhshan, Jamshid Aghaei, Sílvio J. P. S. Mariano, João P. S. Catalão
Format: Article
Language:English
Published: MDPI AG 2019-04-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/7/1261