2 papers
math.OC2018
Directly Constraining Marginal Prices in Distribution Grids Using Demand-Side Flexibility
Shantanu Chakraborty, Kyri Baker, Milos Cvetkovic +2
Recently, the volatility associated with marginal prices has increased due to large scale integration of renewable generation. Price volatility is undesirable from a consumer persp…
math.OC2018
The Role of Demand-Side Flexibility in Hedging Electricity Price Volatility in Distribution Grids
Shantanu Chakraborty, Remco Verzijlbergh, Milos Cvetkovic +2
Locational Marginal Price (LMP) is a dual variable associated with supply-demand matching and represents the cost of delivering power to a particular location if the load at that l…