Economic Dispatch of Power Retailers: A Bi-Level Programming Approach via Market Clearing Price

Economic Dispatch of Power Retailers: A Bi-Level Programming Approach via Market Clearing Price

For power retailers in a smart grid, it is necessary to design an economic dispatch method to maintain a balance between power supply and demand on the sale side as well as obtain better economic benefits. This study concentrates on the economic dispatch of the dominant retailer in a regional market...

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Bibliographic Details
Main Authors: Hui Zhou, Jian Ding, Yinlong Hu, Zisong Ye, Shang Shi, Yonghui Sun, Qiyu Zhang
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Energies
Subjects:
power retailer
economic dispatch
bi-level programming
chance constraint
Online Access:https://www.mdpi.com/1996-1073/15/19/7087

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