Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches

Demand side management in a day-ahead wholesale market: A comparison of industrial & social... •We compare two demand side management in a day-ahead electricity wholesale market.•We develop and reconcile social welfare & industrial DSM mathematical models.•We show the industrial netload has an additional forecast quantity of baseline.•We analytically and numerically show the model equivalence with accurate baseline.•We numerically demonstrate the baseline errors lead to higher and costlier dispatch. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Applied Energy Elsevier

Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches

Loading next page...
 
/lp/elsevier/demand-side-management-in-a-day-ahead-wholesale-market-a-comparison-of-q6RogG6gMZ
Publisher
Elsevier
Copyright
Copyright © 2015 Elsevier Ltd
ISSN
0306-2619
D.O.I.
10.1016/j.apenergy.2015.07.014
Publisher site
See Article on Publisher Site

Abstract

•We compare two demand side management in a day-ahead electricity wholesale market.•We develop and reconcile social welfare & industrial DSM mathematical models.•We show the industrial netload has an additional forecast quantity of baseline.•We analytically and numerically show the model equivalence with accurate baseline.•We numerically demonstrate the baseline errors lead to higher and costlier dispatch.

Journal

Applied EnergyElsevier

Published: Oct 15, 2015

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve Freelancer

DeepDyve Pro

Price
FREE
$49/month

$360/year
Save searches from Google Scholar, PubMed
Create lists to organize your research
Export lists, citations
Read DeepDyve articles
Abstract access only
Unlimited access to over
18 million full-text articles
Print
20 pages/month
PDF Discount
20% off