Metro-based underground logistics (M-ULS) can relieve the pressure of urban traffic and avert the road congestion through coordinating with ground logistics system. A bi-level node location model is proposed based on ...
详细信息
In the business of intermodal passenger transport, fare optimization of intermodal products has significant effects on corporate revenue and passenger travel convenience. This study takes the competitive relationship ...
详细信息
Offer Cost Minimization (OCM) auction mechanism is the most applied mechanism in wholesale energy markets and is supported by the well-known economic theory of social welfare maximization, if the rates offered by the ...
详细信息
Offer Cost Minimization (OCM) auction mechanism is the most applied mechanism in wholesale energy markets and is supported by the well-known economic theory of social welfare maximization, if the rates offered by the service providers reflect their real costs. However, the strategic behavior of the providers in submitting their offers invalidates application of such mechanism. Payment Cost Minimization (PCM) mechanism can alternatively be applied. Unlike OCM, PCM is quite consistent with the widely accepted marginal pricing scheme, since the consumers' payment is directly minimized. In this paper, the economic aspects of the current PCM mechanisms are first revised. A novel stochastic framework is then developed to incorporate the uncertainties associated with Renewable Energy Sources (RES) in this mechanism when applied for electricity market clearing. The proposed formulation of energy and reserve marginal prices suits the stochastic PCM framework. The problem is linearized and solved using branch and cut method. The proposed method is validated in different studies.
暂无评论