{"title":"The Impact of Aggregating Distributed Energy Resources on Electricity Market Efficiency","authors":"Khaled Alshehri, Mariola Ndrio, S. Bose, T. Başar","doi":"10.1109/CISS.2019.8692823","DOIUrl":null,"url":null,"abstract":"Distributed energy resources (DERs) have too small supply capacities to directly participate in a wholesale electricity market. In this paper, we study the efficiency of the market, when a collection of DERs are represented by a profit-maximizing aggregator. We model the interaction between the aggregator and the DER owners as a Stackelberg game. Our analysis characterizes the price of aggregation—the efficiency loss due to the strategic incentives of the aggregator in representing a collection of DERs as opposed to direct DER participation in the wholesale market.","PeriodicalId":123696,"journal":{"name":"2019 53rd Annual Conference on Information Sciences and Systems (CISS)","volume":"24 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2019 53rd Annual Conference on Information Sciences and Systems (CISS)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CISS.2019.8692823","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 6
Abstract
Distributed energy resources (DERs) have too small supply capacities to directly participate in a wholesale electricity market. In this paper, we study the efficiency of the market, when a collection of DERs are represented by a profit-maximizing aggregator. We model the interaction between the aggregator and the DER owners as a Stackelberg game. Our analysis characterizes the price of aggregation—the efficiency loss due to the strategic incentives of the aggregator in representing a collection of DERs as opposed to direct DER participation in the wholesale market.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
