• Corpus ID: 238857045

Optimization-based modelling and game-theoretic framework for techno-economic analysis of demand-side flexibility: a real case study

@article{Sayfutdinov2021OptimizationbasedMA,
  title={Optimization-based modelling and game-theoretic framework for techno-economic analysis of demand-side flexibility: a real case study},
  author={Timur Sayfutdinov and Charalampos Patsios and David M. Greenwood and Meltem Peker and Ilias Sarantakos},
  journal={ArXiv},
  year={2021},
  volume={abs/2110.07285}
}
This paper proposes a two-step framework for techno-economic analysis of a demand-side flexibility service in distribution networks. Step one applies optimization-based modelling to propose a generic problem formulation which determines the offer curve, in terms of available flexible capacity and its marginal cost, for flexible distribution-connected assets. These offer curves form an input to the second step, which uses a multi-agent iterative game framework to determine the benefits of demand… 

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