Jul 15, 2024 ¡¤ This approach maximizes social welfare by minimizing the electricity consumption cost for customers while simultaneously saving on generation costs. The ...

Apr 1, 2024 ¡¤ This paper presents a two-stage framework to facilitate the integration of distributed energy resources (DERs) within emerging distribution-level markets.

Jul 27, 2024 ¡¤ This study established a social welfare maximization model for smart grid real-time pricing, subject to the constraint of power supply and demand balance. It ...

Dec 16, 2023 ¡¤ In the electricity community, social welfare maximization is used to promote the efficient use of resources, reduce costs, and ensure that the benefits of ...

Jul 8, 2024 ¡¤ In [10], the Social Welfare Maximization problem in the smart grid was solved using Lagrangian and projected gradient methods.

Oct 15, 2023 ¡¤ To ensure safe network operation, the DSO imposes dynamic export and import limits, known as dynamic operating envelopes, on end-users' revenue meters. Given ...

Aug 22, 2024 ¡¤ This study proposes distributionally robust optimization (DRO), to manage and mitigate risks associated to shortage or oversupply of power from RESs.

May 21, 2024 ¡¤ To cope with these challenges, in this study, an LEM for a multi-microgrid system is designed to maximize the social welfare of the community, and a ...

Sep 29, 2024 ¡¤ This paper presents a comprehensive review categorically on the recent advances and previous research developments of the smart grid paradigm over the last two ...

Sep 30, 2024 ¡¤ Risk alleviation and social welfare maximization by the placement of fuel cell and UPFC in a renewable integrated system. in Smart Grids. Subhojit Dawn; Shreya ...