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The Interval Stability of an Electricity Market Model
Joint Authors
Zhu, Quanxin
Lu, Zhanhui
Wang, Weijuan
Source
Mathematical Problems in Engineering
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-12-30
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
Combined with the electric power market dynamic model put forward by Alvarado, an interval model of electricity markets is established and investigated in this paper pertaining to the range of demand elasticity with suppliers and consumers.
The stability of an electricity market framework with demand elasticity interval is analyzed.
The conclusions characterizing the interval model provided are derived by constructing a suitable Lyapunov function and using the theory of interval dynamical system in differential equations and matrix inequality theory and so forth.
Applying the corollary obtained can judge the system stability by available data about demand elasticity.
The obtained results are validated and illustrated by a case example.
American Psychological Association (APA)
Wang, Weijuan& Lu, Zhanhui& Zhu, Quanxin. 2014. The Interval Stability of an Electricity Market Model. Mathematical Problems in Engineering،Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1044372
Modern Language Association (MLA)
Wang, Weijuan…[et al.]. The Interval Stability of an Electricity Market Model. Mathematical Problems in Engineering No. 2014 (2014), pp.1-8.
https://search.emarefa.net/detail/BIM-1044372
American Medical Association (AMA)
Wang, Weijuan& Lu, Zhanhui& Zhu, Quanxin. The Interval Stability of an Electricity Market Model. Mathematical Problems in Engineering. 2014. Vol. 2014, no. 2014, pp.1-8.
https://search.emarefa.net/detail/BIM-1044372
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1044372