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Cost Optimal Operation of Thermal Energy Storage System with Real-Time Prices
Cost Optimal Operation Thermal Energy Storage System Real-Time Prices
2015/7/9
In this paper we propose a method to optimize operation of a thermal energy storage (TES) system for heating, ventilation and air conditioning (HVAC) in terms of electricity cost. We pose this optimiz...
Evaluation of a Truthful Revelation Auction in the Context of Energy Markets with Nonconcave Benefits
a Truthful Revelation Auction the Context of Energy Markets Nonconcave Benefits
2010/11/5
We describe a Vickrey-Clarke-Groves auction for supply and demand bidding in the face of market power and nonconcave benefits in which bidders are motivated to bid truthfully, and evaluate its use for...