Stability analysis of wholesale electricity markets under dynamic consumption models and real-time pricing

Stability analysis of wholesale electricity markets under dynamic consumption models and real-time pricing

This paper analyzes stability conditions for wholesale electricity markets under real-time retail pricing and realistic consumption models with memory, which explicitly take into account previous electricity prices and consumption levels. By passing on the current retail price of electricity from su...

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Bibliographic Details
Main Authors: Zhou, Datong P. (Author), Tomlin, Claire J. (Author), Roozbehani, Mardavij (Contributor), Dahleh, Munther A (Contributor)
Other Authors: Massachusetts Institute of Technology. Institute for Data, Systems, and Society (Contributor), Massachusetts Institute of Technology. Laboratory for Information and Decision Systems (Contributor)
Format: Article
Language:English
Published: Institute of Electrical and Electronics Engineers (IEEE), 2017-07-21T19:33:55Z.
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