Sheikhi, Aras

[ 1 ] - Optimal Strategy of Energy retailer in Integrated Market using smart energy hub framework

In this paper, a bi-level optimization problem is formulated to find the optimal strategy of energy retailer in integrated energy market using smart energy hub concept. In the upper level problem, the energy retailer determines the price of energy carriers and the purchase amount from the wholesale market aiming to maximize his own profit. The consumers decide on their purchase amount of energy...