Impacts of Industrial Baseline Errors on Costs and Social Welfare in the Demand Side Management of Day-Ahead Wholesale Markets

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...

Full description

Bibliographic Details
Main Authors: Jiang, Bo, Farid, Amro M, Youcef-Toumi, Kamal
Other Authors: Massachusetts Institute of Technology. Department of Mechanical Engineering
Format: Article
Language:en_US
Published: American Society of Mechanical Engineers 2017
Online Access:http://hdl.handle.net/1721.1/109107
https://orcid.org/0000-0001-7864-3434
https://orcid.org/0000-0002-5080-5304

Similar Items

Similar Items