Enhancing Peak Shaving through Nonlinear Incentive-Based Demand Response: A Consumer-Centric Utility Optimization Approach
This paper presents a comparative study on the implementation of incentive-based demand response programs in power grid management, comparing the results obtained from linear and nonlinear models. The challenges faced by power grids in balancing supply and demand and managing price spikes during pea...
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Main Authors: | Nasim Eslaminia, Habib Rajabi Mashhadi |
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Format: | Article |
Language: | English |
Published: |
Wiley
2023-01-01
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Series: | International Transactions on Electrical Energy Systems |
Online Access: | http://dx.doi.org/10.1155/2023/4650539 |
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