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.
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| 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. | ||||||
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| 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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