Dynamic Incentives for Optimal Control of Competitive Power Systems

This work presents a real-time dynamic pricing framework for future electricity markets. Deduced by first-principles analysis of physical, economic, and communication constraints within the power system, the proposed feedback control mechanism ensures both closed-loop system stability and economic e...

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Bibliographic Details

Main Author:	Kölsch, Lukas
Format:	Online
Language:	English
Published:	KIT Scientific Publishing 2022
Subjects:	Strommarkt; Dynamische Optimierung; Spieltheorie; Nichtlinearer Reglerentwurf; Mathematische Modellbildung; Electricity Market; Dynamic Optimization; Game Theory; Nonlinear Control; Mathematical Modeling thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TH Energy technology and engineering::THR Electrical engineering
Online Access:	OCN: 1367232394
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