Smart City Gnosys

Smart city article details

Title Modelling Of Market Equilibrium On The Basis Of Smart Grid Market System Decomposition
ID_Doc 37693
Authors Saukh S.; Borysenko A.
Year 2020
Published 2020 IEEE 7th International Conference on Energy Smart Systems, ESS 2020 - Proceedings
DOI http://dx.doi.org/10.1109/ESS50319.2020.9160333
Abstract The structural decomposition of the Smart Grid market equilibrium model is suggested for the 'Top-Level Market' and 'Smart City' local systems. Modelling of the 'Top-Level Market' system is implemented at the central level and is provided by the methods of solving nonlinear complementarity problems of large dimension with the reproduction of the competitive Cournot game. Modelling of 'Smart City' systems is fulfilled at the local levels by methods of solving mixed integer modelling problems with the reproduction of competitive Bertrand's games. A mathematical model of the 'Smart City' system is proposed, which shows the peculiarities of balancing the supply and demand in the system in the presence of limited capacity of electricity storage. The model reflects the interaction of the 'Smart City' system with the 'Top-Level Market' system. The computational experiments show the adequacy of the results of modelling of 'Smart City' systems. © 2020 IEEE.
Author Keywords decomposition; equilibrium; mathematical model; Smart City; Smart Grid


Similar Articles


Id Similarity Authors Title Published
1729 View0.864Fatemi S.; Ketabi A.; Mansouri S.A.A Four-Stage Stochastic Framework For Managing Electricity Market By Participating Smart Buildings And Electric Vehicles: Towards Smart Cities With Active End-UsersSustainable Cities and Society, 93 (2023)
25533 View0.854Bandeiras F.; Gomes Á.; Gomes M.; Coelho P.Exploring Energy Trading Markets In Smart Grid And Microgrid Systems And Their Implications For Sustainability In Smart CitiesEnergies, 16, 2 (2023)