A double-sided non-cooperative game in electricity market with demand response and parameterization of supply functions
Ningxuan Guo, Yinan Wang, Gangfeng Yan
Topics & Concepts
Electricity marketNash equilibriumDemand responseElectricitySupply and demandProfit (economics)Inverse demand functionCompetitive equilibriumMathematical optimizationComputer scienceEconomicsMicroeconomicsFlexibility (engineering)Demand curveMathematicsEngineeringManagementElectrical engineeringSmart Grid Energy ManagementElectric Power System OptimizationOptimal Power Flow Distribution