{"id":"https://openalex.org/W2094367582","doi":"https://doi.org/10.1109/pscc.2014.7038425","title":"Efficient allocation of balancing and ramping costs","display_name":"Efficient allocation of balancing and ramping costs","publication_year":2014,"publication_date":"2014-08-01","ids":{"openalex":"https://openalex.org/W2094367582","doi":"https://doi.org/10.1109/pscc.2014.7038425","mag":"2094367582"},"language":"en","primary_location":{"id":"doi:10.1109/pscc.2014.7038425","is_oa":false,"landing_page_url":"https://doi.org/10.1109/pscc.2014.7038425","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 Power Systems Computation Conference","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/A5086268218","display_name":"Tobias H\u00e4ring","orcid":"https://orcid.org/0000-0001-5115-7305"},"institutions":[{"id":"https://openalex.org/I35440088","display_name":"ETH Zurich","ror":"https://ror.org/05a28rw58","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I35440088"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Tobias W. Haring","raw_affiliation_strings":["Power Systems Laboratory ETH Zurich Zurich, Switzerland","[Power Systems Laboratory, ETH Z\u00fcrich, Zurich, Switzerland]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Power Systems Laboratory ETH Zurich Zurich, Switzerland","institution_ids":["https://openalex.org/I35440088"]},{"raw_affiliation_string":"[Power Systems Laboratory, ETH Z\u00fcrich, Zurich, Switzerland]","institution_ids":["https://openalex.org/I35440088"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5014046423","display_name":"Daniel S. Kirschen","orcid":"https://orcid.org/0000-0002-6471-0285"},"institutions":[{"id":"https://openalex.org/I201448701","display_name":"University of Washington","ror":"https://ror.org/00cvxb145","country_code":"US","type":"education","lineage":["https://openalex.org/I201448701"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Daniel S. Kirschen","raw_affiliation_strings":["Department of Electrical Engineering University of Washington Seattle, WA, USA","Department of Electrical Engineering University of Washington, Seattle, WA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering University of Washington Seattle, WA, USA","institution_ids":["https://openalex.org/I201448701"]},{"raw_affiliation_string":"Department of Electrical Engineering University of Washington, Seattle, WA, USA","institution_ids":["https://openalex.org/I201448701"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5089346574","display_name":"G\u00f6ran Andersson","orcid":"https://orcid.org/0000-0002-7715-7087"},"institutions":[{"id":"https://openalex.org/I35440088","display_name":"ETH Zurich","ror":"https://ror.org/05a28rw58","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I35440088"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Goran Andersson","raw_affiliation_strings":["Power Systems Laboratory ETH Zurich Zurich, Switzerland","[Power Systems Laboratory, ETH Z\u00fcrich, Zurich, Switzerland]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Power Systems Laboratory ETH Zurich Zurich, Switzerland","institution_ids":["https://openalex.org/I35440088"]},{"raw_affiliation_string":"[Power Systems Laboratory, ETH Z\u00fcrich, Zurich, Switzerland]","institution_ids":["https://openalex.org/I35440088"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.4474,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.89758497,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":96},"biblio":{"volume":"24","issue":null,"first_page":"1","last_page":"9"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"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/T10424","display_name":"Electric Power System Optimization","score":0.9998999834060669,"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/T10603","display_name":"Smart Grid Energy Management","score":0.9995999932289124,"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/T10454","display_name":"Optimal Power Flow Distribution","score":0.9983000159263611,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/flexibility","display_name":"Flexibility (engineering)","score":0.6227575540542603},{"id":"https://openalex.org/keywords/pareto-principle","display_name":"Pareto principle","score":0.5941201448440552},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.5754228234291077},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.5705552101135254},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5461141467094421},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.5129765868186951},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5017576217651367},{"id":"https://openalex.org/keywords/cost-reduction","display_name":"Cost reduction","score":0.4869633615016937},{"id":"https://openalex.org/keywords/tariff","display_name":"Tariff","score":0.48451632261276245},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.47289907932281494},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.3585800528526306},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.34681281447410583},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.24577787518501282},{"id":"https://openalex.org/keywords/operations-management","display_name":"Operations management","score":0.20236775279045105},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.1897915005683899},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.10530427098274231}],"concepts":[{"id":"https://openalex.org/C2780598303","wikidata":"https://www.wikidata.org/wiki/Q65921492","display_name":"Flexibility (engineering)","level":2,"score":0.6227575540542603},{"id":"https://openalex.org/C137635306","wikidata":"https://www.wikidata.org/wiki/Q182667","display_name":"Pareto principle","level":2,"score":0.5941201448440552},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.5754228234291077},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.5705552101135254},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5461141467094421},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.5129765868186951},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5017576217651367},{"id":"https://openalex.org/C2778820799","wikidata":"https://www.wikidata.org/wiki/Q3454688","display_name":"Cost reduction","level":2,"score":0.4869633615016937},{"id":"https://openalex.org/C2776060655","wikidata":"https://www.wikidata.org/wiki/Q52389","display_name":"Tariff","level":2,"score":0.48451632261276245},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.47289907932281494},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3585800528526306},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.34681281447410583},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24577787518501282},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.20236775279045105},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.1897915005683899},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.10530427098274231},{"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/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C155202549","wikidata":"https://www.wikidata.org/wiki/Q178803","display_name":"International trade","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/pscc.2014.7038425","is_oa":false,"landing_page_url":"https://doi.org/10.1109/pscc.2014.7038425","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 Power Systems Computation Conference","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.8199999928474426}],"awards":[],"funders":[{"id":"https://openalex.org/F4320320300","display_name":"European Commission","ror":"https://ror.org/00k4n6c32"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":45,"referenced_works":["https://openalex.org/W81332608","https://openalex.org/W1579344322","https://openalex.org/W1878408459","https://openalex.org/W1982635374","https://openalex.org/W1998819003","https://openalex.org/W2033225140","https://openalex.org/W2042338728","https://openalex.org/W2046077670","https://openalex.org/W2054831858","https://openalex.org/W2056636551","https://openalex.org/W2062513696","https://openalex.org/W2074941573","https://openalex.org/W2078040677","https://openalex.org/W2083646602","https://openalex.org/W2098394615","https://openalex.org/W2098854737","https://openalex.org/W2099590656","https://openalex.org/W2104371886","https://openalex.org/W2105280352","https://openalex.org/W2105880662","https://openalex.org/W2120030634","https://openalex.org/W2120100612","https://openalex.org/W2126151786","https://openalex.org/W2132879978","https://openalex.org/W2141975707","https://openalex.org/W2142614061","https://openalex.org/W2143170985","https://openalex.org/W2152344568","https://openalex.org/W2167412190","https://openalex.org/W2168858968","https://openalex.org/W2169036824","https://openalex.org/W2182510773","https://openalex.org/W2296319761","https://openalex.org/W2467285750","https://openalex.org/W2536620281","https://openalex.org/W2603619701","https://openalex.org/W2612608580","https://openalex.org/W2764818801","https://openalex.org/W2912522929","https://openalex.org/W3123311666","https://openalex.org/W4250589301","https://openalex.org/W4250913065","https://openalex.org/W6666177248","https://openalex.org/W6719530774","https://openalex.org/W6737590549"],"related_works":["https://openalex.org/W2073696198","https://openalex.org/W70342287","https://openalex.org/W1964520652","https://openalex.org/W2376081339","https://openalex.org/W2068364581","https://openalex.org/W2383065606","https://openalex.org/W1488508619","https://openalex.org/W2050455354","https://openalex.org/W2129195002","https://openalex.org/W2612206799"],"abstract_inverted_index":{"Electricity":[0],"market":[1,94],"designs":[2],"must":[3],"evolve":[4],"to":[5,29,70,75],"incorporate":[6],"efficiently":[7],"the":[8,48,77,88,98,104,115],"large-scale":[9],"penetration":[10],"of":[11,50,79,100,106],"renewable":[12,20],"energy":[13,21],"sources":[14],"and":[15,24,37,81,87,103],"demand":[16],"side":[17],"participation.":[18],"Current":[19],"support":[22],"schemes":[23],"fixed":[25],"tariff":[26],"systems":[27],"fail":[28],"address":[30],"two":[31],"major":[32],"power":[33,59],"system":[34,41,60,89],"operation":[35,61],"issues":[36],"therefore":[38],"create":[39],"additional":[40],"costs.":[42],"First,":[43],"unlike":[44],"other":[45],"commodity":[46],"markets,":[47],"provision":[49],"reserve":[51,82,101],"capacity":[52,83,102],"is":[53,62,74],"required":[54],"for":[55],"reliable":[56],"operation.":[57],"Second,":[58],"stressed":[63],"by":[64],"increasing":[65],"flexibility":[66],"requirements.":[67],"One":[68],"way":[69],"reduce":[71],"these":[72],"costs":[73,78],"share":[76],"ramping":[80,107],"between":[84],"consumers,":[85],"producers":[86],"operator.":[90],"We":[91],"present":[92],"a":[93,109,125],"mechanism":[95,120],"that":[96,118],"reduces":[97],"cost":[99,105,116],"in":[108],"Pareto-efficient":[110],"manner.":[111],"Simulation":[112],"studies":[113],"demonstrate":[114],"reduction":[117],"this":[119],"achieves":[121],"as":[122],"compared":[123],"with":[124],"benchmark":[126],"approach.":[127]},"counts_by_year":[{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2}],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}