We consider a consumer of a resource, such as electricity, who must pay a per unit charge to procure the resource, as well as a peak demand charge. We will present an efficient linear programming formulation for the demand response of such a consumer who could be a price taker, industrial or commercial user of electricity that has some ability to self-generate. We will establish a monotonicity ...

Congestion-based pricing of network resources is a common approach in evolving network architectures that support Quality of Service (QoS). Resource usage and QoS will thus fluctuate in response to changes in price, which must be dynamically controlled through feedback. Such feedback algorithms typically assume that network resources behave as Normal goods, i.e. that an increase in the price of...

Given multiple products with unique lumpy demand patterns, this paper explores the determination of both the lot size for each product and the resource allocation among the products, given an investment budget for production rate improvements. Each product’s optimal production policy takes on only one of two forms: either continuous production or lot-for-lot production. A heuristic procedure de...

The widespread adoption of distributed energy resources (DERs) leads to resource redundancy in grid operation and increases computation complexity, which underscores the need for effective management strategies. In this paper, we present a novel approach that decouples selection power dispatch tasks. task determines subset designated participate demand response service, while output selected ca...

demand response (dr) has many beneficiaries in the electricity market. there are independent players who are interested in dr, which include: transmission system owners, distributors, retailers, and aggregators. in this paper dr is introduced as a tradable commodity that can be exchanged between dr buyers and sellers in a pool-based market which is called demand response exchange (drx). drx ope...

Demand response (DR) has many beneficiaries in the electricity market. There are independent players who are interested in DR, which include: transmission system owners, distributors, retailers, and aggregators. In this paper DR is introduced as a tradable commodity that can be exchanged between DR buyers and sellers in a pool-based market which is called demand response exchange (DRX). DRX ope...