An individual welfare maximization algorithm for electricity markets

2002 ◽  
Vol 17 (3) ◽  
pp. 590-596 ◽  
Author(s):  
J.D. Weber ◽  
T.J. Overbye
Keyword(s):  
Electricity Markets ◽  
Welfare Maximization ◽  
Individual Welfare

An Individual Welfare Maximation Algorithm for Electricity Markets

2002 ◽  
Vol 22 (8) ◽  
pp. 64-64
Author(s):  
J. D. Weber ◽  
T. J. Overbye
Keyword(s):  
Electricity Markets ◽  
Individual Welfare

Co-optimization of Energy and Demand-Side Reserves in Day-Ahead Electricity Markets

2015 ◽  
Vol 16 (2) ◽  
pp. 195-206 ◽  
Author(s):  
S. Surender Reddy ◽  
A. R. Abhyankar ◽  
P. R. Bijwe
Keyword(s):  
Demand Response ◽  
Electricity Markets ◽  
Optimization Problem ◽  
Demand Side ◽  
Load Modeling ◽  
Multi Objective ◽  
Welfare Maximization ◽  
Social Welfare Maximization ◽  
Strength Pareto Evolutionary Algorithm ◽  
Voltage Dependent

Abstract This paper presents a new multi-objective day-ahead market clearing (DAMC) mechanism with demand-side reserves/demand response (DR) offers, considering realistic voltage-dependent load modeling. The paper proposes objectives such as social welfare maximization (SWM) including demand-side reserves, and load served error (LSE) minimization. In this paper, energy and demand-side reserves are cleared simultaneously through co-optimization process. The paper clearly brings out the unsuitability of conventional SWM for DAMC in the presence of voltage-dependent loads, due to reduction of load served (LS). Under such circumstances multi-objective DAMC with DR offers is essential. Multi-objective Strength Pareto Evolutionary Algorithm 2+ (SPEA 2+) has been used to solve the optimization problem. The effectiveness of the proposed scheme is confirmed with results obtained from IEEE 30 bus system.

Author response for "Sizing of underwater gravity storage with solid weights participating in electricity markets"

2020 ◽  
Author(s):  
Jean-François Toubeau ◽  
Chloé Ponsart ◽  
Christophe Stevens ◽  
Zacharie De Grève ◽  
François Vallée
Keyword(s):  
Electricity Markets ◽  
Author Response

Author response for "Sizing of underwater gravity storage with solid weights participating in electricity markets"

2020 ◽  
Author(s):  
Jean-François Toubeau ◽  
Chloé Ponsart ◽  
Christophe Stevens ◽  
Zacharie De Grève ◽  
François Vallée
Keyword(s):  
Electricity Markets ◽  
Author Response
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