Bilevel programming approach to demand response management with day-ahead tariff
This paper introduces a bilevel programming approach to electricity tariff optimization for the purpose of demand response management (DRM) in smart grids. In the multi-follower Stackelberg game model, the leader is the profit-maximizing electricity retailer, who must set a time-of-use variable ener...
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Format: | Article |
Language: | English |
Published: |
IEEE
2019-01-01
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Series: | Journal of Modern Power Systems and Clean Energy |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/8982268/ |