Conditional-Robust-Profit-Based Optimization Model for Electricity Retailers with Shiftable Demand

Long Term Electricity Demand Forecasting with Multi-agent-Based Model

Robust Optimization Model of Reverse Logistics Network with Demand Uncertainty

A dynamic robust optimization model is established based on the objective of profit maximization to deal with the uncertainty of the problem through formulating a robust linear programming model. An equivalent robust optimization model using duality theory and auxiliary problem principle is obtained which allows the solutions to be derived more efficiently. Following the numerical simulation an...

A Dynamic Market Mechanism for Markets with Shiftable Demand Response

In this paper, we propose a dynamic market mechanism that converges to the desired market equilibrium. Both locational marginal prices and the schedules for generation and consumption are determined through a negotiation process between the key market players. In addition to incorporating renewables, this mechanism accommodates both consumers with a shiftable Demand Response and an adjustable D...

Stochastic Optimization of Demand Response Aggregators in Wholesale Electricity Markets

This paper proposes a stochastic framework for demand response (DR) aggregator to procure DR from customers and sell it to purchasers in the wholesale electricity market. The aggregator assigns fixed DR contracts with customers based on three different load reduction strategies. In the presented problem the uncertainty of market price is considered and the risk of aggregator participation is ma...

A ROBUST OPTIMIZATION MODEL FOR BLOOD SUPPLY CHAIN NETWORK DESIGN

The eternal need for humans' blood as a critical commodity makes the healthcare systems attempt to provide efficient blood supply chains (BSCs) by which the requirements are satisfied at the maximum level. To have an efficient supply of blood, an appropriate planning for blood supply chain is a challenge which requires more attention. In this paper, we address a mixed integer linear programming...