Demand-side reserve offers in joint energy/reserve electricity markets

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Economic-environmental energy and reserve scheduling of smart distribution systems: A multiobjective mathematical programming approach (2014, methodology): “In order to implement a linear programming approach, the non linear cost function of DG is approximated by a linear function that, for practical purpose, is indistinguishable from the non-linear model [37].”
Towards Full Integration of Demand-Side Resources in Joint Forward Energy/Reserve Electricity Markets (2012, background): “In [2], the authors made the assumption that the consumers will be willing to deviate from their normal consumption levels to receive a financial compensation.”
The values of market-based demand response on improving power system reliability under extreme circumstances (2017, background): “Some pre38 liminary works [17, 18, 19] discuss functionalities of the demand-side management from the perspective of 39 electricity markets.”
A Review of Power System Flexibility With High Penetration of Renewables (2019, background): “of electricity through reduction of transmission losses, and the price of security [32].”
Energy and reserve pricing in security and network-constrained electricity markets (2005, background): “Recently, a joint energy/reserve market model including demand-side reserve offers was developed for systems without network constraints [4].”