Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Incorporate Day-ahead Robustness and Real-time Incentives for
  Electricity Market Design   In this paper, we propose a two-stage electricity market framework to explore
the participation of distributed energy resources (DERs) in a day-ahead (DA)
market and a real-time (RT) market. The objective is to determine the optimal
bidding strategies of the aggregated DERs in the DA market and generate online
incentive signals for DER-owners to optimize the social welfare taking into
account network operational constraints. Distributionally robust optimization
is used to explicitly incorporate data-based statistical information of
renewable forecasts into the supply/demand decisions in the DA market. We
evaluate the conservativeness of bidding strategies distinguished by different
risk aversion settings. In the RT market, a bi-level time-varying optimization
problem is proposed to design the online incentive signals to tradeoff the RT
imbalance penalty for distribution system operators (DSOs) and the costs of
individual DER-owners. This enables tracking their optimal dispatch to provide
fast balancing services, in the presence of time-varying network states while
satisfying the voltage regulation requirement. Simulation results on both DA
wholesale market and RT balancing market demonstrate the necessity of this
two-stage design, and its robustness to uncertainties, the performance of
convergence, the tracking ability, and the feasibility of the resulting network
operations.

31
The categories of this paper are: ao-sci
8
The categories of this paper are: hep-ex
5
The categories of this paper are: gr-qc
36
The categories of this paper are: cmp-lg
7
The categories of this paper are: hep-th
14
The categories of this paper are: math-ph
35
The categories of this paper are: mtrl-th
26
The categories of this paper are: bayes-an
34
The categories of this paper are: chem-ph
13
The categories of this paper are: quant-ph
23
The categories of this paper are: solv-int
12
The categories of this paper are: nucl-th
9
The categories of this paper are: nlin
15
The categories of this paper are: nucl-ex
28
The categories of this paper are: alg-geom
21
The categories of this paper are: adap-org