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Record W3196460971 · doi:10.1109/tsg.2021.3109111

Price-Maker Bidding and Offering Strategies for Networked Microgrids in Day-Ahead Electricity Markets

2021· article· en· W3196460971 on OpenAlexafffund
Bo Hu, Yuzhong Gong, C. Y. Chung, Bram Noble, Greg Poelzer

Bibliographic record

VenueIEEE Transactions on Smart Grid · 2021
Typearticle
Languageen
FieldEngineering
TopicMicrogrid Control and Optimization
Canadian institutionsUniversity of Saskatchewan
FundersSocial Sciences and Humanities Research Council of CanadaNatural Sciences and Engineering Research Council of CanadaSaskPower
KeywordsBiddingMathematical optimizationComputer scienceMicrogridScalabilityInteger programmingElectricityScheduling (production processes)Linear programmingRevenueElectricity marketOperations researchEconomicsEngineeringMicroeconomicsMathematicsArtificial intelligence

Abstract

fetched live from OpenAlex

This paper proposes a price-maker bidding and offering model for networked microgrids (NMG) in a pool-based day-ahead electricity market. The objective of this model is to maximize the net revenue of NMG by coordinating the joined individual microgrids to submit aggregated offers/bids to the market operator. A hybrid stochastic-robust optimization framework is developed to offset multiple associated uncertainties. The bidding and offering model is first formulated as a hard-to-solve mixed-integer nonlinear programming (MINLP) problem, which is later converted to its easy-to-solve mixed-integer linear programming (MILP) counterpart. To resolve privacy concerns of each microgrid and improve the scalability of the proposed bidding and offering model, a coordinated scheduling framework for NMG based on the Dantzig-Wolfe decomposition (DWD) method is proposed to obtain the global optimum. Numerical simulations with real-world measured data validate the effectiveness of the proposed price-maker bidding model, which is shown to outperform existing price-taker models.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.005
Threshold uncertainty score0.011

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.003
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0020.002
Open science0.0020.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0030.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.008
GPT teacher head0.204
Teacher spread0.196 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations40
Published2021
Admission routes2
Has abstractyes

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