Using Lagrangian duality theory, we develop a decentralized market mechanism that ensures that, under the guidance of a market operator, self-interested market ...
Using Lagrangian duality theory, a decentralized market mechanism is developed that ensures that, under the guidance of a market operator, self-interested ...
Jul 21, 2016 · In this paper, a fully decentralized local energy market based on peer-to-peer(P2P) trading is proposed for small-scale prosumers. In the ...
Feb 17, 2017 · Using Lagrangian duality theory, we develop a decentralized market mechanism that ensures that, under the guidance of a market operator, self- ...
Competitive equilibria in electricity markets with nonlinearities ...
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A decentralized mechanism for computing competitive equilibria in deregulated electricity markets ... Deregulated Transmission-Constrained Electricity Markets · S ...
... Their decentralized mechanism, based on a dual approach, is conjectured to converge to a zero duality gap solution under profit optimality and a ...
Mar 23, 2016 · A Decentralized Mechanism for Computing Competitive Equilibria in. Deregulated Electricity Markets∗. Erik Miehling and Demosthenis Teneketzis ...
To address this, the paper proposes a transition to a decentralized system. It explores the effects of power system privatization and restructuring ...
The electricity resources are allocated by the market mechanism, and the prices are formulated to encourage competitive behavior. Unlike in a vertically ...
The proposed approach models the competitive behavior of the electric firms by incorporating a set of constraints, namely the equilibrium constraints, into a ...