Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Social Cost Optimization for Prosumer Community with Two Price-Package
  Incentives in Two-Settlement Based Electricity Market   In this paper, we consider a future electricity market consisting of
aggregated energy prosumers, who are equipped with local wind power plants
(WPPs) to support (part of) their energy demands and can also trade energy with
day-ahead market (DAM) and energy balancing market (EBM). In addition, an
energy aggregator (EA) is established, who can provide the trading gateways
between prosumers and the markets. The EA is responsible for making pricing
strategies on the prosumers to influence their trading behaviours such that the
social benefit of the prosumer community is improved. Specifically, two price
packages are provided by the EA: wholesale price (WP) package and lump-sum (LS)
package, which can be flexibly selected by prosumers based on their own
preferences. Analytical energy-trading strategies will be derived for WP
prosumers and LS prosumers based on non-cooperative games and Nash resource
allocation strategies, respectively. In this work, a social cost optimization
problem will be formulated for the EA, where the detailed WP/LS selection plans
are unknown in advance. Consequently, a stochastic Stackelberg game between
prosumers and the EA is formulated, and a two-level stochastic convex
programming algorithm is proposed to minimize the expectation of the social
cost. The performance of the proposed algorithm is demonstrated with a
two-settlement based market model in the simulation.

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The categories of this paper are: nlin
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The categories of this paper are: hep-lat
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The categories of this paper are: alg-geom
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The categories of this paper are: q-fin
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The categories of this paper are: stat
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The categories of this paper are: physics
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The categories of this paper are: adap-org
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The categories of this paper are: mtrl-th
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The categories of this paper are: q-alg
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The categories of this paper are: ao-sci
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The categories of this paper are: astro-ph
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The categories of this paper are: math-ph
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The categories of this paper are: chem-ph
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The categories of this paper are: math
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The categories of this paper are: hep-ex
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The categories of this paper are: cond-mat