{"id":"https://openalex.org/W2267586429","doi":"https://doi.org/10.1109/tsg.2015.2501818","title":"Joint Investment and Operation of Microgrid","display_name":"Joint Investment and Operation of Microgrid","publication_year":2015,"publication_date":"2015-01-01","ids":{"openalex":"https://openalex.org/W2267586429","doi":"https://doi.org/10.1109/tsg.2015.2501818","mag":"2267586429"},"language":"en","primary_location":{"id":"doi:10.1109/tsg.2015.2501818","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2015.2501818","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"},"type":"article","indexed_in":["arxiv","crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://arxiv.org/pdf/1511.01984","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5114377976","display_name":"Hao Wang","orcid":"https://orcid.org/0000-0001-5182-7938"},"institutions":[{"id":"https://openalex.org/I177725633","display_name":"Chinese University of Hong Kong","ror":"https://ror.org/00t33hh48","country_code":"HK","type":"education","lineage":["https://openalex.org/I177725633"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Hao Wang","raw_affiliation_strings":["Network Communications and Economics Laboratory, Chinese University of Hong Kong, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Network Communications and Economics Laboratory, Chinese University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I177725633"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5062346297","display_name":"Jianwei Huang","orcid":"https://orcid.org/0000-0001-6631-1096"},"institutions":[{"id":"https://openalex.org/I177725633","display_name":"Chinese University of Hong Kong","ror":"https://ror.org/00t33hh48","country_code":"HK","type":"education","lineage":["https://openalex.org/I177725633"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Jianwei Huang","raw_affiliation_strings":["Network Communications and Economics Laboratory, Chinese University of Hong Kong, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Network Communications and Economics Laboratory, Chinese University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I177725633"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I177725633"],"apc_list":null,"apc_paid":null,"fwci":6.257,"has_fulltext":true,"cited_by_count":143,"citation_normalized_percentile":{"value":0.96850617,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":100},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"13"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9997000098228455,"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":0.9997000098228455,"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/T11052","display_name":"Energy Load and Power Forecasting","score":0.9990000128746033,"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":0.9984999895095825,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/microgrid","display_name":"Microgrid","score":0.8347092866897583},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.618664562702179},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.5680480003356934},{"id":"https://openalex.org/keywords/wind-power","display_name":"Wind power","score":0.5080626010894775},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4734644293785095},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.4653409719467163},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.45823127031326294},{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.4555862545967102},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.44141316413879395},{"id":"https://openalex.org/keywords/stochastic-programming","display_name":"Stochastic programming","score":0.44076448678970337},{"id":"https://openalex.org/keywords/electricity-generation","display_name":"Electricity generation","score":0.4206070303916931},{"id":"https://openalex.org/keywords/return-on-investment","display_name":"Return on investment","score":0.4112374186515808},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3362463712692261},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.2976415753364563},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.29188263416290283},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.2820328176021576},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.22487258911132812},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.16574865579605103},{"id":"https://openalex.org/keywords/production","display_name":"Production (economics)","score":0.1140708327293396},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.09478828310966492}],"concepts":[{"id":"https://openalex.org/C2776784348","wikidata":"https://www.wikidata.org/wiki/Q5762595","display_name":"Microgrid","level":3,"score":0.8347092866897583},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.618664562702179},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.5680480003356934},{"id":"https://openalex.org/C78600449","wikidata":"https://www.wikidata.org/wiki/Q43302","display_name":"Wind power","level":2,"score":0.5080626010894775},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4734644293785095},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.4653409719467163},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.45823127031326294},{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.4555862545967102},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.44141316413879395},{"id":"https://openalex.org/C137631369","wikidata":"https://www.wikidata.org/wiki/Q7617831","display_name":"Stochastic programming","level":2,"score":0.44076448678970337},{"id":"https://openalex.org/C423512","wikidata":"https://www.wikidata.org/wiki/Q383973","display_name":"Electricity generation","level":3,"score":0.4206070303916931},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.4112374186515808},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3362463712692261},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.2976415753364563},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.29188263416290283},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.2820328176021576},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.22487258911132812},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.16574865579605103},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.1140708327293396},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.09478828310966492},{"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/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"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/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/tsg.2015.2501818","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2015.2501818","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"},{"id":"pmh:oai:arXiv.org:1511.01984","is_oa":true,"landing_page_url":"https://arxiv.org/abs/1511.01984","pdf_url":"https://arxiv.org/pdf/1511.01984","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"}],"best_oa_location":{"id":"pmh:oai:arXiv.org:1511.01984","is_oa":true,"landing_page_url":"https://arxiv.org/abs/1511.01984","pdf_url":"https://arxiv.org/pdf/1511.01984","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"},"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.8500000238418579}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2267586429.pdf","grobid_xml":"https://content.openalex.org/works/W2267586429.grobid-xml"},"referenced_works_count":35,"referenced_works":["https://openalex.org/W1546269944","https://openalex.org/W1980191100","https://openalex.org/W1984703120","https://openalex.org/W1986144604","https://openalex.org/W1988081136","https://openalex.org/W2007271576","https://openalex.org/W2008668719","https://openalex.org/W2012213284","https://openalex.org/W2016181691","https://openalex.org/W2017073201","https://openalex.org/W2032901652","https://openalex.org/W2039125391","https://openalex.org/W2039392443","https://openalex.org/W2042454807","https://openalex.org/W2067019903","https://openalex.org/W2068060907","https://openalex.org/W2077889298","https://openalex.org/W2089326092","https://openalex.org/W2094046135","https://openalex.org/W2099915902","https://openalex.org/W2109420112","https://openalex.org/W2110554198","https://openalex.org/W2138985881","https://openalex.org/W2146738646","https://openalex.org/W2146774339","https://openalex.org/W2148910210","https://openalex.org/W2152964981","https://openalex.org/W2162623420","https://openalex.org/W2174580403","https://openalex.org/W2267586429","https://openalex.org/W2296319761","https://openalex.org/W2497152198","https://openalex.org/W4250589301","https://openalex.org/W6646669231","https://openalex.org/W6676482453"],"related_works":["https://openalex.org/W1574359403","https://openalex.org/W2057975886","https://openalex.org/W4308700935","https://openalex.org/W4210780382","https://openalex.org/W2356033827","https://openalex.org/W2391138633","https://openalex.org/W4206134051","https://openalex.org/W2907234787","https://openalex.org/W4285503559","https://openalex.org/W4383747562"],"abstract_inverted_index":{"In":[0,70,93],"this":[1],"paper,":[2],"we":[3,57,128,166],"propose":[4],"a":[5,17,65,112],"theoretical":[6],"framework":[7],"for":[8,115],"the":[9,20,36,45,59,72,76,81,95,98,104,108,117,130,139,149,162,169,182],"joint":[10,60],"optimization":[11,154],"of":[12,16,22,48,51,83,141,144,184,194],"investment":[13,61,78,132,151,172,196],"and":[14,28,43,53,62,90,101,120,177,180,189],"operation":[15,63],"microgrid,":[18],"taking":[19],"impact":[21,140],"energy":[23,26,38,55,91,146,188],"storage,":[24],"renewable":[25,37,145,187],"integration,":[27],"demand":[29,102,190],"response":[30,191],"into":[31],"consideration.":[32],"We":[33,136],"first":[34],"study":[35,138],"generations":[39],"in":[40,103,123,134,192],"Hong":[41,163],"Kong,":[42],"identify":[44],"potential":[46],"benefit":[47],"mixed":[49,186],"deployment":[50],"solar":[52,84],"wind":[54,87],"generations.Then,":[56],"model":[58],"as":[64],"two-period":[66],"stochastic":[67],"programming":[68],"program.":[69],"period-1,":[71],"microgrid":[73,105],"operator":[74,96],"makes":[75],"optimal":[77,118,131,170,174],"decisions":[79],"on":[80,126,148],"capacities":[82],"power":[85,88,99,121,178],"generation,":[86,89],"storage.":[92],"period-2,":[94],"coordinates":[97],"supply":[100],"to":[106],"minimize":[107],"operating":[109],"cost.We":[110],"design":[111],"decentralized":[113],"algorithm":[114],"computing":[116],"pricing":[119],"consumption":[122],"period-2":[124],"based":[125],"which":[127],"solve":[129],"problem":[133],"period-1.":[135],"also":[137],"prediction":[142],"error":[143],"generation":[147],"portfolio":[150,171],"using":[152,185],"robust":[153],"framework.":[155],"Using":[156],"realistic":[157],"meteorological":[158],"data":[159],"obtained":[160],"from":[161],"Kong":[164],"observatory,":[165],"numerically":[167],"characterize":[168],"decisions,":[173],"day-ahead":[175],"pricing,":[176],"scheduling,":[179],"demonstrate":[181],"advantage":[183],"terms":[193],"reducing":[195],"cost.":[197]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":27},{"year":2020,"cited_by_count":28},{"year":2019,"cited_by_count":20},{"year":2018,"cited_by_count":21},{"year":2017,"cited_by_count":12},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":1}],"updated_date":"2026-07-28T07:46:37.118299","created_date":"2025-10-10T00:00:00"}
