 A trilevel model for best response in energy demand-side managementDidier Aussel, Luce Brotcorne, Sébastien Lepaul and Léonard von Niederhäusern European Journal of Operational Research, 2020, vol. 281, issue 2, 299-315 Abstract: Demand-side management (DSM) is a powerful tool to efficiently manage the consumption of energy. DSM relies on various techniques and means. In this work, we propose a trilevel energy market model for load shifting induced by time-of-use pricing. Four kinds of actors are involved: electricity suppliers (sell energy), local agents (buy, sell and consume), aggregators (buy and sell) and end users (consume). The interactions among these actors lead to a trilevel multi-leader–multi-follower game. Solving such games is known to be hard, thus we assume that the decision variables of all electricity suppliers but one are known and optimize the decisions of the remaining supplier. This leads to a single-leader–multi-follower game, which aims to compute the leader’s best response to the decisions of his competitors. Keywords: OR in energy; Demand-side management; Bilevel programming; Trilevel programming, (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:281:y:2020:i:2:p:299-315 DOI: 10.1016/j.ejor.2019.03.005 Access Statistics for this article European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati More articles in European Journal of Operational Research from Elsevier |
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