Published June 2018
| public
Book Section - Chapter
Stabilization of Power Networks via Market Dynamics
- Creators
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You, Pengcheng
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Pang, John Z. F.
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Yeung, Enoch
Abstract
This work investigates the increasing interactions between power network dynamics and market dynamics. A dynamical spot pricing mechanism for rational market behavior of generators and loads is designed to model market dynamics, which provably drives a power network to an equilibrium operating point, achieving secondary frequency control and economic dispatch.
Additional Information
© 2018 ACM. ACM acknowledges that this contribution was authored or co-authored by an employee, contractor, or affiliate of the United States government. As such, the United States government retains a nonexclusive, royalty-free right to publish or reproduce this article, or to allow others to do so, for government purposes only. This work was supported in part by NSFC under grant 61629302, the PNNL Lab Directed Research and Development Fund, and the PNNL Control of Complex Systems Initiative.Additional details
- Eprint ID
- 86660
- Resolver ID
- CaltechAUTHORS:20180529-105819431
- 61629302
- National Natural Science Foundation of China
- Pacific Northwest National Laboratory
- Created
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2018-05-29Created from EPrint's datestamp field
- Updated
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2021-11-15Created from EPrint's last_modified field