This paper reports on the development of a comprehensive framework for the analysis and formulation of bids in competitive electricity markets. Competing entities submit offers of...
Load forecasting has become in recent years one of the major areas of research in electrical engineering. In a deregulated, competitive power market, utilities tend to maintain the...
: In restructured electric power industries around the world, power pool designers have enabled generators to earn revenues consisting of energy and capacity payments. This paper d...
—The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asy...
Mardavij Roozbehani, Munther Dahleh, Sanjoy K. Mit...
—We consider the management of electric vehicle (EV) loads within a market-based Electric Power System Control Area. EV load management achieves cost savings in both (i) EV batte...