Strategic retail pricing and demand bidding of retailers in electricity market: A data-driven chance-constrained programming
This paper proposes a novel bi-level optimization model to study the strategic retail pricing and demand bidding problems of an electricity retailer that considers the interactions between demand response and market clearing process. In order to accurately forecast the day-ahead demand bids submitte...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-09-01
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Series: | Advances in Applied Energy |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S266679242200018X |