2021
DOI: 10.1002/er.6545
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A bilevel programming approach for real‐time pricing strategy of smart grid considering multi‐microgrids connection

Abstract: Summary As an important method for demand‐side management, the real‐time pricing can not only adjust the power balance between the supply and demand‐sides, but also effectively promote the internal energy dispatching behavior of the microgrid. In this article, a bilevel programming model is proposed based on the demand response to coordinate the master‐slave hierarchical relationship in the electricity market. At the upper level, the main grid determines the prices and generation for the supplier's maximum pro… Show more

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Cited by 9 publications
(1 citation statement)
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References 46 publications
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“…The issue is framed as a leader-follower game conducted over a distribution network. Yuan (2021) proposed bi-level models to address price problems [8]. This paper utilizes several numerical tests to showcase the efficacy of the BPSO method.…”
Section: Introductionmentioning
confidence: 99%
“…The issue is framed as a leader-follower game conducted over a distribution network. Yuan (2021) proposed bi-level models to address price problems [8]. This paper utilizes several numerical tests to showcase the efficacy of the BPSO method.…”
Section: Introductionmentioning
confidence: 99%