In this paper, a weighted combination of different demand vs. price functions referred to as Composite Demand Function (CDF) is introduced in order to represent the demand model of consuming sectors which comprise different clusters of customers with divergent load profiles and energy use...

To determine the optimal size, location and also the proper technology of distributed generation (DG) units in distribution systems, a static fuzzy multiobjective model is proposed in this paper. The proposed model can concurrently optimize a number of conflicting and competing objective...

VPP (Virtual Power Plant) is defined as a cluster of energy conversion/storage units which are centrally operated in order to improve the technical and economic performance. This paper addresses the optimal operation of a VPP considering the risk factors affecting its daily operation profits....