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eess.SY2021
Social Cost Optimization for Prosumer Community with Two Price-Package Incentives in Two-Settlement Based Electricity Market
Jianzheng Wang, Guoqiang Hu
In this paper, we consider a future electricity market consisting of aggregated energy prosumers, who are equipped with local wind power plants (WPPs) to support (part of) their en…
eess.SY2021★ 1 cited
Social Profit Optimization with Demand Response Management in Electricity Market: A Multi-timescale Leader-following Approach
Jianzheng Wang, Yipeng Pang, Guoqiang Hu
In the electricity market, it is quite common that the market participants make "selfish" strategies to harvest the maximum profits for themselves, which may cause the social benef…