Impacts of Industrial Baseline Errors on Costs and Social Welfare in the Demand Side Management of Day-Ahead Wholesale Markets
Demand Side Management (DSM) has been recognized for its potential to counteract the intermittent nature of renewable energy, increase system efficiency, and reduce system costs. While the popular approach among academia adopts a social welfare maximization formulation, the industrial practice in th...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
American Society of Mechanical Engineers
2017
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| Online Access: | http://hdl.handle.net/1721.1/109107 https://orcid.org/0000-0001-7864-3434 https://orcid.org/0000-0002-5080-5304 |