Bilevel programming approach to demand response management with day-ahead tariff

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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Bibliographic Details
Main Author: Andras Kovacs
Format: Article
Language:English
Published: IEEE 2019-01-01
Series:Journal of Modern Power Systems and Clean Energy
Subjects:
Demand response management (DRM)
Smart grid
Game theory
Optimization
Bilevel programming
Online Access:https://ieeexplore.ieee.org/document/8982268/

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