Dynamic Incentives for Optimal Control of Competitive Power Systems / / Lukas Kölsch
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| Autore: |
Kölsch Lukas
|
| Titolo: |
Dynamic Incentives for Optimal Control of Competitive Power Systems / / Lukas Kölsch
|
| Pubblicazione: | Karlsruhe : , : KIT Scientific Publishing, , 2022 |
| Descrizione fisica: | 1 online resource (288 pages) |
| Disciplina: | 338 |
| Soggetto topico: | Electric power systems - Control |
| Electric power distribution - Economic aspects | |
| Pricing - Mathematical models | |
| Feedback control systems | |
| Nota di bibliografia: | Includes bibliographical references and index. |
| Sommario/riassunto: | 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 efficiency at any given time. The resulting price signals are able to incentivize competitive market participants to eliminate spatio-temporal shortages in power supply quickly and purposively. |
| Titolo autorizzato: | Dynamic Incentives for Optimal Control of Competitive Power Systems |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910805674003321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |