Dynamic Incentives for Optimal Control of Competitive Power Systems / / Lukas Kölsch.
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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Place / Publishing House: | Karlsruhe : : KIT Scientific Publishing,, 2022. |
Year of Publication: | 2022 |
Language: | English |
Physical Description: | 1 online resource (290 pages) |
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Electronic
DOAB Directory of Open Access Books | Available |