Stability of a stochastic model for demand-response

Stability of a stochastic model for demand-response

We study the stability of a Markovian model of electricity productionand consumption that incorporates production volatility due torenewables and uncertainty about actual demand versus plannedproduction. We assume that the energy producer targets a fixed energyreserve, subject to ramp-up and ramp-do...

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Bibliographic Details
Main Authors: Dan-Cristian Tomozei, Jean-Yves Le Boudec
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2013-01-01
Series:Stochastic Systems
Subjects:
General state Markov chain stability
smart grids
demand-response
macroscopic model
Online Access:http://www.i-journals.org/ssy/viewarticle.php?id=48&layout=abstract

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