Title
Strategic Offering for a Price-Maker Wind Power Producer in Oligopoly Markets Considering Demand Response Exchange
Abstract
This paper proposes an offering strategy for a wind power producer (WPP) that participates in both day-ahead (DA) and balancing oligopoly markets as a price maker. Penetration of demand response (DR) resources into smart grids is modeled by intraday demand response exchange (IDRX) architecture. A bilevel optimization framework is proposed based on multiagent system and incomplete information game ...
Year
DOI
Venue
2015
10.1109/TII.2015.2472339
IEEE Transactions on Industrial Informatics
Keywords
Field
DocType
Electricity supply industry,Wind power generation,Oligopoly,Linear programming,Load management,Uncertainty,Optimization
Market mechanism,Oligopoly,Smart grid,Computer science,Microeconomics,Market price,Demand response,Control engineering,Market power,Market share,Wind power
Journal
Volume
Issue
ISSN
11
6
1551-3203
Citations 
PageRank 
References 
5
0.77
6
Authors
6