Role of Flexible Demand Technology in Modern Electricity Markets - A Game-Theoretic Perspective
Alan Turing Institute via YouTube
Overview
Syllabus
Intro
Electricity systems: Decarbonisation of generation and demand
Decarbonisation challenges
Role of demand side in addressing emerging challenges
System benefits of flexible demand technologies
Electricity systems: Deregulation
Deregulation challenges
Modelling framework: Bi-level optimization
Non-cooperative game: Finding Nash Equilibria (NE)
Impact on producers' market power
Impact on retailers' business case
Impact on generation investment planning
Future work directions in deregulated market modelling
Taught by
Alan Turing Institute