Virtual energy storage modeling based on electricity customers’ behavior to maximize wind profit
Amir Niromandfam, Ali Movahedi Pour, Esmail Zarezadeh
Topics & Concepts
IncentiveDemand responseProfit (economics)Energy storageEnvironmental economicsRenewable energyRisk aversion (psychology)Computer scienceWind powerElectricityOperations researchMicroeconomicsEconomicsPower (physics)EngineeringExpected utility hypothesisElectrical engineeringQuantum mechanicsMathematical economicsPhysicsSmart Grid Energy ManagementMicrogrid Control and OptimizationOptimal Power Flow Distribution