Microgrid to Enable Optimal Distributed Energy Retail and End-User Demand Response
Investigates pricing and operation with demand response for a microgrid (MG) retailer in an integrated energy system. Co-optimizes retail rates and MG dispatch via an MIQP, yielding dynamic pricing that reflects generation cost and promotes DR, alongside optimal dispatch that exploits flexibility. Demonstrates value of distributed generation and demand flexibility for sustainability and resilience.