Please use this identifier to cite or link to this item: http://localhost/handle/Hannan/630017
Title: Convexification of the Nash Bargaining Based Environmental-Economic Dispatch
Authors: Wei Wei;Jianhui Wang;Shengwei Mei
subject: Convex optimization|bargaining theory|environmental-economic dispatch|multi-objective optimization
Year: 2016
Publisher: IEEE
Abstract: The environmental-economic dispatch (EED) is a bi-objective optimization problem. The Nash bargaining theory provides one way to determine a compromising solution without a clear carbon tax or carbon cap, or any subjective attitudes on both objectives, which yields a non-convex program. This letter proposes a convex formulation for Nash bargaining based EED and a linear programming (LP) based algorithm. Case studies show its scalability on real-world large-scale power systems.
URI: http://localhost/handle/Hannan/164606
http://localhost/handle/Hannan/630017
ISSN: 0885-8950
1558-0679
volume: 31
issue: 6
Appears in Collections:2016

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Title: Convexification of the Nash Bargaining Based Environmental-Economic Dispatch
Authors: Wei Wei;Jianhui Wang;Shengwei Mei
subject: Convex optimization|bargaining theory|environmental-economic dispatch|multi-objective optimization
Year: 2016
Publisher: IEEE
Abstract: The environmental-economic dispatch (EED) is a bi-objective optimization problem. The Nash bargaining theory provides one way to determine a compromising solution without a clear carbon tax or carbon cap, or any subjective attitudes on both objectives, which yields a non-convex program. This letter proposes a convex formulation for Nash bargaining based EED and a linear programming (LP) based algorithm. Case studies show its scalability on real-world large-scale power systems.
URI: http://localhost/handle/Hannan/164606
http://localhost/handle/Hannan/630017
ISSN: 0885-8950
1558-0679
volume: 31
issue: 6
Appears in Collections:2016

Files in This Item:
File Description SizeFormat 
7394942.pdf484.49 kBAdobe PDFThumbnail
Preview File
Title: Convexification of the Nash Bargaining Based Environmental-Economic Dispatch
Authors: Wei Wei;Jianhui Wang;Shengwei Mei
subject: Convex optimization|bargaining theory|environmental-economic dispatch|multi-objective optimization
Year: 2016
Publisher: IEEE
Abstract: The environmental-economic dispatch (EED) is a bi-objective optimization problem. The Nash bargaining theory provides one way to determine a compromising solution without a clear carbon tax or carbon cap, or any subjective attitudes on both objectives, which yields a non-convex program. This letter proposes a convex formulation for Nash bargaining based EED and a linear programming (LP) based algorithm. Case studies show its scalability on real-world large-scale power systems.
URI: http://localhost/handle/Hannan/164606
http://localhost/handle/Hannan/630017
ISSN: 0885-8950
1558-0679
volume: 31
issue: 6
Appears in Collections:2016

Files in This Item:
File Description SizeFormat 
7394942.pdf484.49 kBAdobe PDFThumbnail
Preview File