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Optimizing load response programs in generation expansion planning: A real-time pricing scenario with responsive load aggregators

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  • Zhao, Chen
  • Zhou, Hang

Abstract

Generation Expansion Planning (GEP) is a strategic procedure implemented to find the optimal mix and capacity of energy resources, balancing reliability, cost, and environmental effect to supply future electricity demand. It is specifically challenging with the increased integration of renewable energy sources like wind and solar, due to the uncertainty behavior in power systems.

Suggested Citation

  • Zhao, Chen & Zhou, Hang, 2025. "Optimizing load response programs in generation expansion planning: A real-time pricing scenario with responsive load aggregators," Renewable Energy, Elsevier, vol. 239(C).
    • Handle: RePEc:eee:renene:v:239:y:2025:i:c:s0960148124021190
    DOI: 10.1016/j.renene.2024.122051
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