Transactive Control of Fast-Acting Demand Response Based on Thermostatic Loads in Real-Time Retail Electricity Markets

Modelling project

References

https://www.sciencedirect.com/science/article/abs/pii/S0306261917309315

Description

A market-based control method for thermostatic loads based on transactive control paradigm. An agent-based modeling approach is used to aggregate loads. The range of the model encompasses distribution substations.

Applications

Research

Key Inputs

transactive control, imbalance energy markets

Key Outputs

bidding strategy, cost saving

Registered developers

NameOrganization
Sahand BehboodiEnbala