{"id":"https://openalex.org/W2026957322","doi":"https://doi.org/10.1109/smartgridcomm.2012.6485961","title":"LMP-based real time pricing for optimal capacity planning with maximal wind power integration","display_name":"LMP-based real time pricing for optimal capacity planning with maximal wind power integration","publication_year":2012,"publication_date":"2012-11-01","ids":{"openalex":"https://openalex.org/W2026957322","doi":"https://doi.org/10.1109/smartgridcomm.2012.6485961","mag":"2026957322"},"language":"en","primary_location":{"id":"doi:10.1109/smartgridcomm.2012.6485961","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm.2012.6485961","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2012 IEEE Third International Conference on Smart Grid Communications (SmartGridComm)","raw_type":"proceedings-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/A5014416228","display_name":"Chenye Wu","orcid":"https://orcid.org/0000-0002-5730-916X"},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Chenye Wu","raw_affiliation_strings":["Institute for Theoretical Computer Science, Institute for Interdisciplinary Information Sciences, Tsinghua University, Beijing, China","Institute for Theoretical Computer Science, Institute for Interdisciplinary Information Sciences, Tsinghua University, Beijing, 100084, China"],"affiliations":[{"raw_affiliation_string":"Institute for Theoretical Computer Science, Institute for Interdisciplinary Information Sciences, Tsinghua University, Beijing, China","institution_ids":["https://openalex.org/I99065089"]},{"raw_affiliation_string":"Institute for Theoretical Computer Science, Institute for Interdisciplinary Information Sciences, Tsinghua University, Beijing, 100084, China","institution_ids":["https://openalex.org/I99065089"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5077268766","display_name":"Soummya Kar","orcid":"https://orcid.org/0000-0002-8060-5581"},"institutions":[{"id":"https://openalex.org/I74973139","display_name":"Carnegie Mellon University","ror":"https://ror.org/05x2bcf33","country_code":"US","type":"education","lineage":["https://openalex.org/I74973139"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Soummya Kar","raw_affiliation_strings":["Department of Electrical and Computer Engineering, Carnegie Mellon University, Pittsburgh, PA, USA","Dept. of Electrical and Computer Engineering, Carnegie Mellon University, Pittsburgh, PA 15213, USA#TAB#"],"affiliations":[{"raw_affiliation_string":"Department of Electrical and Computer Engineering, Carnegie Mellon University, Pittsburgh, PA, USA","institution_ids":["https://openalex.org/I74973139"]},{"raw_affiliation_string":"Dept. of Electrical and Computer Engineering, Carnegie Mellon University, Pittsburgh, PA 15213, USA#TAB#","institution_ids":["https://openalex.org/I74973139"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5014416228"],"corresponding_institution_ids":["https://openalex.org/I99065089"],"apc_list":null,"apc_paid":null,"fwci":0.2455,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.58653357,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":"67","last_page":"72"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998000264167786,"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":0.9998000264167786,"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/T10424","display_name":"Electric Power System Optimization","score":0.9980000257492065,"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/T10768","display_name":"Electric Vehicles and Infrastructure","score":0.9944999814033508,"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/stackelberg-competition","display_name":"Stackelberg competition","score":0.6617075204849243},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6265631914138794},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.5756108164787292},{"id":"https://openalex.org/keywords/grid","display_name":"Grid","score":0.5729483962059021},{"id":"https://openalex.org/keywords/wind-power","display_name":"Wind power","score":0.5657334327697754},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5559468865394592},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.5030354857444763},{"id":"https://openalex.org/keywords/subgame-perfect-equilibrium","display_name":"Subgame perfect equilibrium","score":0.48438817262649536},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.44024574756622314},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3539690673351288},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.21325090527534485},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.20392262935638428},{"id":"https://openalex.org/keywords/nash-equilibrium","display_name":"Nash equilibrium","score":0.17931967973709106},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.17648077011108398},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.17563608288764954},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.1173342764377594},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.0854228138923645}],"concepts":[{"id":"https://openalex.org/C199510392","wikidata":"https://www.wikidata.org/wiki/Q1184602","display_name":"Stackelberg competition","level":2,"score":0.6617075204849243},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6265631914138794},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.5756108164787292},{"id":"https://openalex.org/C187691185","wikidata":"https://www.wikidata.org/wiki/Q2020720","display_name":"Grid","level":2,"score":0.5729483962059021},{"id":"https://openalex.org/C78600449","wikidata":"https://www.wikidata.org/wiki/Q43302","display_name":"Wind power","level":2,"score":0.5657334327697754},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5559468865394592},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.5030354857444763},{"id":"https://openalex.org/C175983524","wikidata":"https://www.wikidata.org/wiki/Q1615834","display_name":"Subgame perfect equilibrium","level":3,"score":0.48438817262649536},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.44024574756622314},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3539690673351288},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.21325090527534485},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.20392262935638428},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.17931967973709106},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.17648077011108398},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.17563608288764954},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.1173342764377594},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0854228138923645},{"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/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/smartgridcomm.2012.6485961","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm.2012.6485961","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2012 IEEE Third International Conference on Smart Grid Communications (SmartGridComm)","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":0.8899999856948853}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W1906933964","https://openalex.org/W1972221945","https://openalex.org/W1986084829","https://openalex.org/W1994293339","https://openalex.org/W2029623232","https://openalex.org/W2039104542","https://openalex.org/W2065321032","https://openalex.org/W2069074275","https://openalex.org/W2077839994","https://openalex.org/W2099891779","https://openalex.org/W2101944206","https://openalex.org/W2112740079","https://openalex.org/W2166991384","https://openalex.org/W2296319761","https://openalex.org/W2499382624","https://openalex.org/W4250589301","https://openalex.org/W6667898137"],"related_works":["https://openalex.org/W1987562536","https://openalex.org/W4383533535","https://openalex.org/W2375814310","https://openalex.org/W4255938919","https://openalex.org/W2903244929","https://openalex.org/W2123795915","https://openalex.org/W2059049926","https://openalex.org/W4214821558","https://openalex.org/W2704982056","https://openalex.org/W2064442856"],"abstract_inverted_index":{"With":[0],"the":[1,11,27,31,42,67,82,90,98,119,128,137,146,151,158,166,172,180,198],"proposed":[2,188],"penetration":[3],"of":[4,140,200],"electric":[5],"vehicles":[6],"and":[7,132,149,177,203],"advanced":[8],"metering":[9],"technology,":[10],"demand":[12,94,114,178],"side":[13,115],"is":[14],"foreseen":[15],"to":[16,45,59,66,80,144,170],"play":[17],"a":[18,38,76,102,123],"major":[19],"role":[20],"in":[21],"flexible":[22],"energy":[23,49],"consumption":[24],"scheduling.":[25],"On":[26],"other":[28],"hand,":[29],"over":[30],"past":[32],"several":[33,133],"years,":[34],"there":[35],"has":[36],"been":[37],"growing":[39],"interest":[40],"for":[41,165],"utility":[43],"companies":[44],"integrate":[46],"more":[47],"renewable":[48,52],"resources.":[50],"Such":[51],"resources,":[53],"e.g.,":[54],"wind":[55,181],"or":[56],"solar,":[57],"due":[58],"their":[60],"intermittent":[61],"nature,":[62],"brought":[63],"great":[64],"uncertainty":[65,86],"power":[68,182],"grid":[69,84,130,168],"system.":[70],"In":[71],"this":[72],"paper,":[73],"we":[74,100,156,185],"propose":[75],"mechanism":[77],"that":[78,111],"attempts":[79],"mitigate":[81],"resulting":[83,147],"operational":[85],"by":[87,93,117],"properly":[88],"exploiting":[89],"potentials":[91],"offered":[92],"flexibility.":[95],"To":[96],"address":[97],"challenge,":[99],"develop":[101],"novel":[103],"locational":[104],"marginal":[105],"price":[106],"(LMP)":[107],"based":[108],"pricing":[109,153],"scheme":[110,189,202],"involves":[112],"active":[113],"participation":[116],"casting":[118],"network":[120],"objectives":[121],"as":[122],"two-stage":[124],"Stackelberg":[125],"game":[126,148],"between":[127,175],"local":[129,167],"operator":[131,169],"aggregators.":[134],"We":[135],"use":[136],"solution":[138],"concept":[139],"subgame":[141],"perfect":[142],"equilibrium":[143],"analyze":[145],"derive":[150],"optimal":[152,159],"scheme.":[154],"Subsequently,":[155],"discuss":[157],"real":[160],"time":[161],"conventional":[162],"capacity":[163],"planning":[164],"achieve":[171],"minimal":[173],"mismatch":[174],"supply":[176],"with":[179,190,210],"integration.":[183],"Finally,":[184],"assess":[186],"our":[187,201],"field":[191],"data.":[192],"The":[193],"simulation":[194],"results":[195],"further":[196],"confirm":[197],"optimality":[199],"suggest":[204],"reasonably":[205],"well":[206],"long":[207],"term":[208],"performance":[209],"simplified":[211],"heuristic":[212],"approaches.":[213]},"counts_by_year":[{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
