Leader-follower framework for control of energy services

A. Keyhani
Dept. of Electr. Eng., Ohio State Univ., Columbus, OH, USA

This paper appears in: IEEE Transactions on Power Systems
Publication Date: May 2003
On page(s): 837-841
Volume: 18, Issue: 2
ISSN: 0885-8950
Inspec Accession Number: 7632554

Abstract:
This paper presents a framework for leader-follower control of energy services. In this framework, the main emphasis is to provide market players with proper economic signals in order for the market to function efficiently in light of market players' profit motives and system reliability and security requirements. The problem formulation and the data needed for the implementation of the proposed framework are also presented.