{"id":"https://openalex.org/W4401247309","doi":"https://doi.org/10.1109/tsg.2024.3437654","title":"Analytically Quantifying the Efficiency Loss in Competitive Aggregation of Demand-Side Resources","display_name":"Analytically Quantifying the Efficiency Loss in Competitive Aggregation of Demand-Side Resources","publication_year":2024,"publication_date":"2024-08-02","ids":{"openalex":"https://openalex.org/W4401247309","doi":"https://doi.org/10.1109/tsg.2024.3437654"},"language":"en","primary_location":{"id":"doi:10.1109/tsg.2024.3437654","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/tsg.2024.3437654","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":["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/A5042142745","display_name":"Xiaotian Sun","orcid":"https://orcid.org/0000-0003-2538-8841"},"institutions":[{"id":"https://openalex.org/I87445476","display_name":"Xi'an Jiaotong University","ror":"https://ror.org/017zhmm22","country_code":"CN","type":"education","lineage":["https://openalex.org/I87445476"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaotian Sun","raw_affiliation_strings":["School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China"],"raw_orcid":"https://orcid.org/0000-0003-2538-8841","affiliations":[{"raw_affiliation_string":"School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China","institution_ids":["https://openalex.org/I87445476"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5053299650","display_name":"Haipeng Xie","orcid":"https://orcid.org/0000-0001-9845-0058"},"institutions":[{"id":"https://openalex.org/I87445476","display_name":"Xi'an Jiaotong University","ror":"https://ror.org/017zhmm22","country_code":"CN","type":"education","lineage":["https://openalex.org/I87445476"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Haipeng Xie","raw_affiliation_strings":["School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China"],"raw_orcid":"https://orcid.org/0000-0001-9845-0058","affiliations":[{"raw_affiliation_string":"School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China","institution_ids":["https://openalex.org/I87445476"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5061759570","display_name":"Dawei Qiu","orcid":"https://orcid.org/0000-0003-0497-6089"},"institutions":[{"id":"https://openalex.org/I47508984","display_name":"Imperial College London","ror":"https://ror.org/041kmwe10","country_code":"GB","type":"education","lineage":["https://openalex.org/I47508984"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Dawei Qiu","raw_affiliation_strings":["Department of Electrical and Electronic Engineering, Imperial College London, London, U.K"],"raw_orcid":"https://orcid.org/0000-0003-0497-6089","affiliations":[{"raw_affiliation_string":"Department of Electrical and Electronic Engineering, Imperial College London, London, U.K","institution_ids":["https://openalex.org/I47508984"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5064588899","display_name":"Yunpeng Xiao","orcid":"https://orcid.org/0000-0002-8498-2886"},"institutions":[{"id":"https://openalex.org/I87445476","display_name":"Xi'an Jiaotong University","ror":"https://ror.org/017zhmm22","country_code":"CN","type":"education","lineage":["https://openalex.org/I87445476"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yunpeng Xiao","raw_affiliation_strings":["School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China"],"raw_orcid":"https://orcid.org/0000-0002-8498-2886","affiliations":[{"raw_affiliation_string":"School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China","institution_ids":["https://openalex.org/I87445476"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Goran Strbac","orcid":"https://orcid.org/0000-0002-9278-9218"},"institutions":[{"id":"https://openalex.org/I47508984","display_name":"Imperial College London","ror":"https://ror.org/041kmwe10","country_code":"GB","type":"education","lineage":["https://openalex.org/I47508984"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Goran Strbac","raw_affiliation_strings":["Department of Electrical and Electronic Engineering, Imperial College London, London, U.K"],"raw_orcid":"https://orcid.org/0000-0002-9278-9218","affiliations":[{"raw_affiliation_string":"Department of Electrical and Electronic Engineering, Imperial College London, London, U.K","institution_ids":["https://openalex.org/I47508984"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5020110830","display_name":"Zhaohong Bie","orcid":"https://orcid.org/0000-0002-8458-0887"},"institutions":[{"id":"https://openalex.org/I87445476","display_name":"Xi'an Jiaotong University","ror":"https://ror.org/017zhmm22","country_code":"CN","type":"education","lineage":["https://openalex.org/I87445476"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhaohong Bie","raw_affiliation_strings":["School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China"],"raw_orcid":"https://orcid.org/0000-0002-8458-0887","affiliations":[{"raw_affiliation_string":"School of Electrical Engineering, Xi&#x2019;an Jiaotong University, Xi&#x2019;an, China","institution_ids":["https://openalex.org/I87445476"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":6,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.15437813,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"15","issue":"6","first_page":"6171","last_page":"6174"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.7774999737739563,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.7774999737739563,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.7342000007629395,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.7092999815940857,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/demand-side","display_name":"Demand side","score":0.5290424227714539},{"id":"https://openalex.org/keywords/load-management","display_name":"Load management","score":0.4378127157688141},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.43126627802848816},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.41519150137901306},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.41407352685928345},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.4123757779598236},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.39345741271972656},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.38762038946151733},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.33450496196746826},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.1970716118812561},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.12716373801231384},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.1066175103187561}],"concepts":[{"id":"https://openalex.org/C3020254827","wikidata":"https://www.wikidata.org/wiki/Q5255016","display_name":"Demand side","level":2,"score":0.5290424227714539},{"id":"https://openalex.org/C2779370713","wikidata":"https://www.wikidata.org/wiki/Q357554","display_name":"Load management","level":2,"score":0.4378127157688141},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.43126627802848816},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41519150137901306},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.41407352685928345},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.4123757779598236},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.39345741271972656},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.38762038946151733},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.33450496196746826},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.1970716118812561},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.12716373801231384},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.1066175103187561}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tsg.2024.3437654","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/tsg.2024.3437654","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"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G2580630723","display_name":null,"funder_award_id":"523B2077","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G4724867684","display_name":null,"funder_award_id":"2022GXLH-01-01","funder_id":"https://openalex.org/F4320336567","funder_display_name":"Natural Science Basic Research Program of Shaanxi Province"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320336567","display_name":"Natural Science Basic Research Program of Shaanxi Province","ror":null}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W2017655581","https://openalex.org/W2026410507","https://openalex.org/W2048801433","https://openalex.org/W2051500731","https://openalex.org/W2294025081","https://openalex.org/W2758404038","https://openalex.org/W3156920559","https://openalex.org/W4285152222","https://openalex.org/W4377971419","https://openalex.org/W4384916358","https://openalex.org/W4387158184"],"related_works":["https://openalex.org/W2173475281","https://openalex.org/W2035833777","https://openalex.org/W4376457683","https://openalex.org/W2392147676","https://openalex.org/W2522559011","https://openalex.org/W1589973774","https://openalex.org/W4307686474","https://openalex.org/W2358791272","https://openalex.org/W2072325519","https://openalex.org/W2805081846"],"abstract_inverted_index":{"Aggregation":[0],"of":[1,35,41,83,94],"demand-side":[2],"resources":[3],"(DSRs)":[4],"to":[5,13,25,88],"load":[6],"aggregators":[7],"(LAs)":[8],"is":[9,57,66],"a":[10,77,81],"prevailing":[11],"way":[12],"participate":[14],"in":[15,31],"the":[16,27,32,39,49,60,90,95],"electricity":[17],"market.":[18],"This":[19],"letter":[20],"proposes":[21],"an":[22],"analytical":[23],"approach":[24],"quantify":[26],"efficiency":[28],"loss":[29],"inherent":[30],"competitive":[33,55],"aggregation":[34,56],"DSRs":[36],"by":[37,68],"calculating":[38],"price":[40],"anarchy":[42],"(PoA)":[43],"via":[44],"linear":[45],"programming":[46],"(LP).":[47],"First,":[48],"equivalent":[50],"Nash":[51],"equilibrium":[52],"condition":[53],"for":[54,63],"derived.":[58],"Then,":[59],"LP":[61],"problem":[62],"PoA":[64],"calculation":[65],"formulated":[67],"leveraging":[69],"parameterization":[70],"and":[71,80,92],"dual":[72],"reformulation.":[73],"Finally,":[74],"applications":[75],"on":[76],"demonstrative":[78],"case":[79],"series":[82],"large-scale":[84],"cases":[85],"are":[86],"conducted":[87],"validate":[89],"effectiveness":[91],"scalability":[93],"proposed":[96],"method.":[97]},"counts_by_year":[],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
