Decision-Making for Electricity Retailers: A Brief Survey

Journal Publication ResearchOnline@JCU
Yang, Jiajia;Zhao, Junhua;Luo, Fengji;Wen, Fushuan;Dong, Zhao Yang
Jiajia Yang
Abstract

With the continuous development of smart grid and further restructuring of power industry, modern power systems have been transformed to complex cyber-physical systems characterized with high renewable energy penetrations, distributed facilities, advanced metering, and communication technologies, as well as ever-increasing customer awareness. These new development trends pose significant challenges for electricity retailers and call for innovative decision-making methods. To help researchers and engineers have a better overview of the state-of-the-art on electricity retail decision-making schemes, this paper aims to survey the latest progress on this subject. Some critical and open issues in this field are also discussed.

Journal

IEEE Transactions on Smart Grid

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Volume

9

ISBN/ISSN

1949-3061

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Issue

5

Pages Count

14

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Publisher

Institute of Electrical and Electronics Engineers

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Publish Date

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Date

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EISSN

N/A

DOI

10.1109/TSG.2017.2651499