A bilevel model for electricity retailers' participation in a demand response market environment

By Marco Zugno, Juan M. Morales, Pierre Pinson, Henrik Madsen. 2013

320 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/cb976fa72b7ff1016ad596fcda52278b7fb9fd50

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In Electrical and Electronic Engineering

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

Strategic Behavior of Multi-Energy Players in Electricity Markets as Aggregators of Demand Side Resources Using a Bi-Level Approach (2018, methodology): “To transform the bi-level problem (1)-(39), where the upper level is given by (1)-(5) and the lower level by (11)-(39), into a single-level MILP problem, we use MPEC ([31] and [32]).”
A Survey on Demand Response Programs in Smart Grids: Pricing Methods and Optimization Algorithms (2015, background): “Authors in [215] propose optimization models for the maximization of the expected market profits for the retailer”
On the Interaction Between Aggregators, Electricity Markets and Residential Demand Response Providers (2020, background): “Similarly, the relationship between an aggregator and its DR providers may be represented as a Stackelberg game [14]–[18].”
Future-proof tariff design: Recovering sunk grid costs in a world where consumers are pushing back (2018, background): “Zugno et al. (2013) apply a bi-level model with a profit maximising electricity retailer in the upper level.”
Benefits and challenges of electrical demand response: A critical review (2014, background): “[51] and Zhang et al.”
Demand Response Management With Multiple Utility Companies: A Two-Level Game Approach (2014, background): “The DAU will first receive the price information from different utilities and broadcast such information to the users.”
Energy Pricing and Dispatch for Smart Grid Retailers Under Demand Response and Market Price Uncertainty (2015, methodology): “Note that other loads can also be included in our model, as long as they can be depicted by linear inequalities and equalities, such as the storage device owned by consumers and the heating system considered in [15].”