Effects of DSB on market clearing price

In this paper, a market clearing study is examined by incorporating demand-side bidding (DSB) where customers are allowed to submit load reduction bids. The relationship between the bulk purchase and load reduction bids is presented. A Lagrangian Relaxation optimization method is developed to simult...

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Bibliographic Details
Main Authors: Bai, J., Gooi, H. B., Strbac, G., Venkatesh, B.
Format: Article
Published: 2006
Subjects:
Online Access:http://shdl.mmu.edu.my/2006/