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Stabilization of Power Networks via Market Dynamics

You, Pengcheng and Pang, John Z. F. and Yeung, Enoch (2018) Stabilization of Power Networks via Market Dynamics. In: Proceedings of the Ninth International Conference on Future Energy Systems. Association for Computing Machinery , New York, NY, pp. 139-145. ISBN 978-1-4503-5767-8. http://resolver.caltech.edu/CaltechAUTHORS:20180529-105819431

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Abstract

This work investigates the increasing interactions between power network dynamics and market dynamics. A dynamical spot pricing mechanism for rational market behavior of generators and loads is designed to model market dynamics, which provably drives a power network to an equilibrium operating point, achieving secondary frequency control and economic dispatch.


Item Type:Book Section
Related URLs:
URLURL TypeDescription
https://doi.org/10.1145/3208903.3208916DOIArticle
ORCID:
AuthorORCID
You, Pengcheng0000-0003-1532-8773
Pang, John Z. F.0000-0002-6485-7922
Additional Information:© 2018 ACM. ACM acknowledges that this contribution was authored or co-authored by an employee, contractor, or affiliate of the United States government. As such, the United States government retains a nonexclusive, royalty-free right to publish or reproduce this article, or to allow others to do so, for government purposes only. This work was supported in part by NSFC under grant 61629302, the PNNL Lab Directed Research and Development Fund, and the PNNL Control of Complex Systems Initiative.
Funders:
Funding AgencyGrant Number
National Natural Science Foundation of China61629302
Pacific Northwest National LaboratoryUNSPECIFIED
Record Number:CaltechAUTHORS:20180529-105819431
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20180529-105819431
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:86660
Collection:CaltechAUTHORS
Deposited By: Tony Diaz
Deposited On:29 May 2018 18:03
Last Modified:12 Jun 2018 20:40

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