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With the remarkable growth of natural gas consumption and the development of renewable energy worldwide in recent years, the penetration capacity of gas-fired generators and uncertain renewable energy has significantly become larger, which poses a great challenge to the reliable and economic...
Persistent link: https://www.econbiz.de/10012193289
Over the last decade, the share of wind power production has rapidly increased. Thus, the market clearing outcomes have been exposed by inherent power production uncertainty of wind farms. This uncertainty may inevitably affect the behaviors of strategic producers in exercising their market...
Persistent link: https://www.econbiz.de/10010789857
The objective of this paper is to study the impact of scheduling flexibility on both demand profile flatness and user inconvenience in residential smart grid systems. Temporal variations in energy consumption by end users result in peaks and troughs in the aggregated demand profile. In a...
Persistent link: https://www.econbiz.de/10010723457
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One of the most important challenges facing the optimal management of power resources for industrial customers is considering the latest available technologies for this purpose. In this regard, this article investigates the most important technologies and methods available in this field and...
Persistent link: https://www.econbiz.de/10014372084
This paper studies the impact of consumers' individual attitudes towards load shifting in electricity consumption in an electricity market that includes a single electricity provider and multiple consumers. A Stackelberg game model is formulated in which the provider uses price discounts over a...
Persistent link: https://www.econbiz.de/10012043197
In this paper the interval valued function is defined in the parametric form and its properties are studied. A methodology is developed to study the existence of the solution of a general interval optimization problem, which is expressed in terms of the interval valued functions. The methodology...
Persistent link: https://www.econbiz.de/10010950195
In this paper, a new methodology based on interval optimization and game theory is developed for optimal operation of an inter-basin water transfer system considering efficiency, equity and sustainability criteria. A linear version of the agricultural water production function is proposed and...
Persistent link: https://www.econbiz.de/10010847344
In this paper the interval valued function is defined in the parametric form and its properties are studied. A methodology is developed to study the existence of the solution of a general interval optimization problem, which is expressed in terms of the interval valued functions. The methodology...
Persistent link: https://www.econbiz.de/10010759399