Bi-Level Programming-Based Optimal Strategy to LSEs with Demand Response Bids

Tao Ding,Qingrun Yang,Jiangfeng Jiang,Yongheng Yang,Frede Blaabjerg,Yaohong Li,Yuntao Ju

Bi-Level Programming-Based Optimal Strategy to LSEs with Demand Response Bids

2019

Tao Ding
Qingrun Yang
Jiangfeng Jiang
Yongheng Yang
Frede Blaabjerg
Yaohong Li
Yuntao Ju

AbstractAs a profit-seeking market participant, load serving entities (LSEs) have been trying to apply demand response (DR) programs to induce the demand elasticity to further their profit. However...

Keywords:

Control engineering
Mathematical optimization
Demand response
Engineering
Price elasticity of demand
Market participant
bi level programming
Microeconomics

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