Optimal pricing algorithm in the electricity market with battery and accumulator and demand-supply balancing

Yuki Miyano, Toru Namerikawa

研究成果: Article査読

3 被引用数 (Scopus)

抄録

This paper considers the day-ahead market with batteries and accumulators to level power generation. First, we model consumers with batteries, generators with batteries, and accumulators, all of whom strive to maximize their own profit. An optimal pricing algorithm based on dual decomposition and the steepest descent method is derived and shown to be stable. Finally, the effectiveness of the algorithm is demonstrated by means of numerical simulations which indicate that it achieves demand-supply balance.

本文言語English
ページ(範囲)8-18
ページ数11
ジャーナルElectrical Engineering in Japan (English translation of Denki Gakkai Ronbunshi)
191
4
DOI
出版ステータスPublished - 2015 6月 1

ASJC Scopus subject areas

  • エネルギー工学および電力技術
  • 電子工学および電気工学

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