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Agent based bilateral transactive market for emerging distribution system considering imbalances

K. Saxena,A. Abhyankar

2019 · DOI: 10.1016/J.SEGAN.2019.100203
Sustainable Energy, Grids and Networks · 19 Citations

TLDR

An architecture for the BT market for Bilateral Transactions is provided, wherein entities (seller/buyer) not only maximize social welfare but also consider penalties associated with real time imbalances for settlement.