{"id":"https://openalex.org/W1592836384","doi":"https://doi.org/10.1109/icit.2015.7125502","title":"A comparison of day-ahead wholesale market: Social welfare vs industrial demand side management","display_name":"A comparison of day-ahead wholesale market: Social welfare vs industrial demand side management","publication_year":2015,"publication_date":"2015-03-01","ids":{"openalex":"https://openalex.org/W1592836384","doi":"https://doi.org/10.1109/icit.2015.7125502","mag":"1592836384"},"language":"en","primary_location":{"id":"doi:10.1109/icit.2015.7125502","is_oa":false,"landing_page_url":"https://doi.org/10.1109/icit.2015.7125502","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2015 IEEE International Conference on Industrial Technology (ICIT)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100608481","display_name":"Bo Jiang","orcid":"https://orcid.org/0000-0002-3272-958X"},"institutions":[{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Bo Jiang","raw_affiliation_strings":["Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA","institution_ids":["https://openalex.org/I63966007"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5113776064","display_name":"Amro M. Farid","orcid":null},"institutions":[{"id":"https://openalex.org/I4210116219","display_name":"Engineering Systems (United States)","ror":"https://ror.org/02qg60849","country_code":"US","type":"company","lineage":["https://openalex.org/I4210116219"]},{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Amro M. Farid","raw_affiliation_strings":["Engineering Systems and Management Masdar Institute of Science and Technology, Abu Dhabi, UAE","Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Engineering Systems and Management Masdar Institute of Science and Technology, Abu Dhabi, UAE","institution_ids":["https://openalex.org/I4210116219"]},{"raw_affiliation_string":"Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA","institution_ids":["https://openalex.org/I63966007"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5086271665","display_name":"Kamal Youcef\u2010Toumi","orcid":"https://orcid.org/0000-0001-6755-1534"},"institutions":[{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Kamal Youcef-Toumi","raw_affiliation_strings":["Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Mechanical Engineering Department Massachusetts Institute of Technology, Cambridge, MA, USA","institution_ids":["https://openalex.org/I63966007"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.7058,"has_fulltext":false,"cited_by_count":11,"citation_normalized_percentile":{"value":0.94027511,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"2742","last_page":"2749"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10223","display_name":"Microgrid Control and Optimization","score":0.9941999912261963,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11954","display_name":"Energy Efficiency and Management","score":0.9930999875068665,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.6081080436706543},{"id":"https://openalex.org/keywords/load-management","display_name":"Load management","score":0.575873851776123},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5679080486297607},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5203496813774109},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.5007009506225586},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.4984867572784424},{"id":"https://openalex.org/keywords/maximization","display_name":"Maximization","score":0.4869488477706909},{"id":"https://openalex.org/keywords/dispatchable-generation","display_name":"Dispatchable generation","score":0.4584985673427582},{"id":"https://openalex.org/keywords/load-profile","display_name":"Load profile","score":0.4332785904407501},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.40567198395729065},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.40273410081863403},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.36561882495880127},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3654518127441406},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.34813380241394043},{"id":"https://openalex.org/keywords/distributed-generation","display_name":"Distributed generation","score":0.17120376229286194},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.15013283491134644}],"concepts":[{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.6081080436706543},{"id":"https://openalex.org/C2779370713","wikidata":"https://www.wikidata.org/wiki/Q357554","display_name":"Load management","level":2,"score":0.575873851776123},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5679080486297607},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5203496813774109},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5007009506225586},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.4984867572784424},{"id":"https://openalex.org/C2776330181","wikidata":"https://www.wikidata.org/wiki/Q18358244","display_name":"Maximization","level":2,"score":0.4869488477706909},{"id":"https://openalex.org/C85924503","wikidata":"https://www.wikidata.org/wiki/Q5282546","display_name":"Dispatchable generation","level":4,"score":0.4584985673427582},{"id":"https://openalex.org/C2777908891","wikidata":"https://www.wikidata.org/wiki/Q1806775","display_name":"Load profile","level":3,"score":0.4332785904407501},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.40567198395729065},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.40273410081863403},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.36561882495880127},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3654518127441406},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34813380241394043},{"id":"https://openalex.org/C544738498","wikidata":"https://www.wikidata.org/wiki/Q861135","display_name":"Distributed generation","level":3,"score":0.17120376229286194},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.15013283491134644},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/icit.2015.7125502","is_oa":false,"landing_page_url":"https://doi.org/10.1109/icit.2015.7125502","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2015 IEEE International Conference on Industrial Technology (ICIT)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7900000214576721,"id":"https://metadata.un.org/sdg/7","display_name":"Affordable and clean energy"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320322420","display_name":"Masdar Institute of Science and Technology","ror":"https://ror.org/05hffr360"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":40,"referenced_works":["https://openalex.org/W30539050","https://openalex.org/W206203604","https://openalex.org/W649951324","https://openalex.org/W1964170902","https://openalex.org/W1971675137","https://openalex.org/W1977951988","https://openalex.org/W1979780427","https://openalex.org/W1983471712","https://openalex.org/W1985930142","https://openalex.org/W1997898472","https://openalex.org/W2005774445","https://openalex.org/W2024066978","https://openalex.org/W2029699716","https://openalex.org/W2033225140","https://openalex.org/W2038872716","https://openalex.org/W2042454807","https://openalex.org/W2052171599","https://openalex.org/W2063532886","https://openalex.org/W2066161780","https://openalex.org/W2075789220","https://openalex.org/W2079125246","https://openalex.org/W2104587544","https://openalex.org/W2111118312","https://openalex.org/W2111369734","https://openalex.org/W2113973684","https://openalex.org/W2120885393","https://openalex.org/W2128077434","https://openalex.org/W2130239722","https://openalex.org/W2131512356","https://openalex.org/W2131585014","https://openalex.org/W2132011253","https://openalex.org/W2142474602","https://openalex.org/W2150981219","https://openalex.org/W2153730736","https://openalex.org/W2155556726","https://openalex.org/W2169036824","https://openalex.org/W2171379974","https://openalex.org/W4300548550","https://openalex.org/W6608391005","https://openalex.org/W6679248997"],"related_works":["https://openalex.org/W1967744034","https://openalex.org/W2782755977","https://openalex.org/W2130644584","https://openalex.org/W2323786183","https://openalex.org/W4229001118","https://openalex.org/W2561748589","https://openalex.org/W4205838918","https://openalex.org/W1998413294","https://openalex.org/W2990374856","https://openalex.org/W39487273"],"abstract_inverted_index":{"The":[0,137],"intermittent":[1],"nature":[2],"of":[3,12,57,83,106,189,202,222],"renewable":[4,58],"energy":[5],"has":[6,44],"been":[7,46],"discussed":[8],"in":[9,39,123,219],"the":[10,13,54,61,81,130,145,151,159,165,170,179,192],"context":[11,128],"operational":[14],"challenges":[15],"that":[16,109,140],"it":[17],"brings":[18],"to":[19,32,35,41,52,70,157,210],"electrical":[20],"grid":[21],"reliability.":[22],"In":[23],"contrast,":[24],"Demand":[25],"Side":[26],"Management":[27],"(DSM)":[28],"with":[29],"its":[30],"ability":[31],"allow":[33],"customers":[34,96],"adjust":[36],"electricity":[37,107],"consumption":[38,108],"response":[40],"market":[42,127],"signals":[43],"often":[45,75],"recognized":[47],"as":[48],"an":[49],"efficient":[50],"way":[51],"mitigate":[53],"variable":[55],"effects":[56],"energy.":[59],"However,":[60,177],"industrial":[62,89,193],"&":[63],"academic":[64],"literature":[65],"have":[66,111],"taken":[67],"divergent":[68],"approaches":[69,122],"DSM":[71,167,194],"implementation.":[72],"Academic":[73],"studies":[74],"implement":[76],"demand":[77,147],"side":[78],"management":[79],"on":[80],"basis":[82],"a":[84,103,124,141,184,197],"social":[85,180],"welfare":[86,181],"maximization.":[87],"Meanwhile,":[88],"implementations":[90],"minimize":[91],"total":[92],"system":[93,132],"costs":[94],"where":[95],"are":[97],"compensated":[98],"for":[99],"load":[100,152,187,200],"reductions":[101],"from":[102],"predefined":[104],"baseline":[105],"would":[110],"occurred":[112],"without":[113],"DSM.":[114],"This":[115],"paper":[116],"rigorously":[117],"compares":[118],"these":[119],"two":[120,166,190],"different":[121],"day-ahead":[125],"wholesale":[126],"using":[129],"same":[131,160,171],"configuration":[133],"and":[134,150,164,205,212],"mathematical":[135],"formalism.":[136],"comparison":[138],"showed":[139],"proper":[142],"reconciliation":[143],"between":[144],"dispatchable":[146],"utility":[148],"function":[149,155],"reduction":[153],"cost":[154],"lead":[156],"fundamentally":[158],"stochastic":[161,185,198],"netload":[162],"mitigation":[163],"models":[168],"generate":[169],"dispatch":[172],"results":[173],"under":[174],"specific":[175],"conditions.":[176],"while":[178],"model":[182,195],"uses":[183,196],"net":[186,199],"composed":[188,201],"terms,":[191,204],"three":[203],"is":[206],"thus":[207],"more":[208,213,216],"prone":[209],"error":[211],"likely":[214],"requires":[215],"control":[217],"activity":[218],"subsequent":[220],"layers":[221],"enterprise":[223],"control.":[224]},"counts_by_year":[{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":6}],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}
