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Wide-area measurement-based voltage stability assessment (VSA) by coupled single-port circuit models has been widely discussed recently. This method models the coupling effects of load buses within a meshed network into extra impedance of a single-port model for each load bus. In simulation studies, overestimations of voltage stability margin using this approach have been observed when critical load...
With the growing development in demand response, load serving entities (LSEs) may participate in electricity market as strategic bidders by offering coupon-based demand response (C-DR) programs to customers. However, due to customers' versatile electricity consumption patterns under C-DR programs as well as the increasing penetration of wind power generation, obtaining the deterministic bidding decision...
Financial transmission rights (FTR) is a financial instrument for the electricity market participant to hedge the transmission congestion cost. With growing development in demand response, load serving entities (LSEs) may participate in the electricity market as a strategic bidder by offering coupon-based demand response (C-DR) programs to customers. In the LSE's bidding process, the impact of FTR...
With the development of the smart grid combined with the fluctuating nature of electricity market, demand-side management with controllable loads has grown. This paper presents a comprehensive user interactive simulation tool based on previously proposed hardware designs of a smart home energy management system (SHEMS). The simulation focuses on implementing optimal control strategies onto predominant...
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