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- W3115109041 abstract "This paper proposes a novel modeling approach for the efficient integration of demand response (DR) resources into the equipment capacity-planning problem of micro-grids based on Game Theory. The main advantage of this approach is that it determines the DR events based on the day-ahead system state estimates (in contrast to the conventional exogenetic demand-side management approaches), whilst protecting the customers’ welfare. A battery-less, 100%-renewable, gridindependent micro-grid is conceptualized, and the town Ohakune, New Zealand is used as a test-case to evaluate the effectiveness of the proposed modeling framework. The numerical simulation results indicate that the proposed approach achieves substantial (12.59%) savings in the life-cycle cost of the target system, as compared to the case where a time-of-use DR is implemented." @default.
- W3115109041 created "2021-01-05" @default.
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- W3115109041 date "2020-08-02" @default.
- W3115109041 modified "2023-09-23" @default.
- W3115109041 title "A Game-Theoretic Approach to Model Interruptible Loads: Application to Micro-Grid Planning" @default.
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- W3115109041 doi "https://doi.org/10.1109/pesgm41954.2020.9281836" @default.
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