Paper Info
Title
Local matching of flexible load in smart grids.
Abstract
•We present a model of flexible loads and renewable supply in the smart grid.•Supply and demand are matched locally via an incentive compatible online mechanism.•Demand flexibility reduces payments and increases allocation probability.•Increasing demand flexibility will increase suppliers profits.•The cost of establishing incentive compatibility is decreasing in flexibility.
Year
DOI
Venue
2016
10.1016/j.ejor.2016.03.004
European Journal of Operational Research
Keywords
Field
DocType
OR in energy,Smart grid,Load flexibility,Online mechanism design
Market mechanism,Economics,Incentive compatibility,Demand patterns,Smart grid,Load balancing (electrical power),Electric power system,Demand management,Supply and demand,Operations management
Journal
Volume
Issue
ISSN
253
3
0377-2217
Citations 
PageRank 
References 
2
0.39
18
Authors
2
Name
Order
Citations
PageRank
Philipp Ströhle1142.36
Christoph M. Flath29415.91