Demand response modeling in a day-ahead wholesale electricity market in Japan, considering the impact of customer risk aversion and dynamic price elasticity of demand
This study aims to develop a mathematical modeling approach to maximize the welfare of the price-responsive customers (CUs) in a wholesale electricity market in Tokyo, Japan. The contributions made by this paper in the quest to determine the role of CUs in a demand response market are twofold. First...
Главные авторы: | , |
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Формат: | Статья |
Язык: | English |
Опубликовано: |
Elsevier
2022-11-01
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Серии: | Energy Reports |
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Online-ссылка: | http://www.sciencedirect.com/science/article/pii/S2352484722017498 |