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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