Incentive-compatible primary frequency response ancillary service market mechanism for incorporating diverse frequency support resources
Kun Li, Lishen Wei, Jiakun Fang, Xiaomeng Ai, Shichang Cui, Mengshu Zhu, Jinyu Wen
Topics & Concepts
IncentiveScarcityIncentive compatibilityService providerEnvironmental economicsComputer scienceService (business)BusinessEconomicsMicroeconomicsMarketingElectric Power System OptimizationMicrogrid Control and OptimizationSmart Grid Energy Management