Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: The Role of Demand-Side Flexibility in Hedging Electricity Price
  Volatility in Distribution Grids   Locational Marginal Price (LMP) is a dual variable associated with
supply-demand matching and represents the cost of delivering power to a
particular location if the load at that location increases. In recent times it
become more volatile due to increased integration of renewables that are
intermittent. The issue of price volatility is further heightened during
periods of grid congestion. Motivated by these problems, we propose a market
design where, by constraining dual variables, we determine the amount of
demand-side flexibility required to limit the rise of LMP. Through our proposed
approach a price requesting load can specify its maximum willingness to pay for
electricity and through demand-side flexibility hedge against price volatility.
For achieving this, an organizational structure for flexibility management is
proposed that exhibits the coordination required between the Distribution
System Operator (DSO), an aggregator and the price requesting load. To
demonstrate the viability of our proposed formulation, we run an illustrative
simulation under infinite and finite line capacities.

32
The categories of this paper are: atom-ph
18
The categories of this paper are: econ
20
The categories of this paper are: acc-phys
6
The categories of this paper are: astro-ph
34
The categories of this paper are: chem-ph
30
The categories of this paper are: q-alg
22
The categories of this paper are: chao-dyn
24
The categories of this paper are: dg-ga
36
The categories of this paper are: cmp-lg
14
The categories of this paper are: math-ph
7
The categories of this paper are: hep-th
16
The categories of this paper are: stat
31
The categories of this paper are: ao-sci
12
The categories of this paper are: nucl-th
27
The categories of this paper are: comp-gas
13
The categories of this paper are: quant-ph