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This paper presents game-theoretic frameworks for demand response at both electricity market and consumer levels. First, the interaction between a demand response aggregator (DRA) and electricity generators is modeled as a Stackelberg game in which the DRA, as the leader of the game, makes demand reduction bids, and generators, as followers, compete for maximizing their profits based on the reduced...
This paper studies the problem of optimizing the performance of multiple batteries located in a radial distribution line under the network constraints. A centralized controlling unit minimizes the charge/discharge costs of the batteries by coordinating the operation modes of the batteries on the line as well as their current input/output. The considered optimization problem is formulated as a mixed-integer-linear-program...
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