The Role of Demand Response Aggregators and the Effect of GenCos Strategic Bidding on the Flexibility of Demand

The Role of Demand Response Aggregators and the Effect of GenCos Strategic Bidding on the Flexibility of Demand

This paper presents an interactive trading decision between an electricity market operator, generation companies (GenCos), and the aggregators having demand response (DR) capable loads. Decisions are made hierarchically. At the upper-level, an electricity market operator (EMO) aims to minimise gener...

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Bibliographic Details
Main Authors: Nur Mohammad, Yateendra Mishra
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Energies
Subjects:
Demand response
demand response exchange
DR aggregators
generation companies
DR transaction cost
hierarchical decision making
Online Access:https://www.mdpi.com/1996-1073/11/12/3296

Internet

https://www.mdpi.com/1996-1073/11/12/3296

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