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Additional file 4: Residual demand function.
The residual demand is calculated without the upper bounds of two competitors.
In this paper, we consider a bidding model that is based on the residual demand (RD).
An analytical approach of transmission-constrained residual demand derivative is used for a power market bidding problem solution in [20].
The residual demand curve (RDC), a well-known approach to representing competitor behaviour, enables generators to formulate effective oligopolistic strategies.
The agent's expertise is measured in each part of the residual demand curve and, then its shortcomings are identified.
Similar(42)
Moreover, those small (residual) demands could be also filtered with a similar procedure.
If not, add an additional MR that can meet the residual users' demand.
In this study the effect of steel core strain hardening ratio of Buckling-Restrained Braces (BRBs) on residual drift demands of Buckling-Restrained Braced Frames (BRBFs) was assessed by using Probabilistic Seismic Demand Analysis (PSDA) methodology.
Predicted residual displacement demands using both procedures do not agree well with test results, and alternatively, an empirical equation is proposed for the residual displacement demand in terms of the maximum displacement demand.
In addition, it was shown that artificial seismic sequences could significantly overestimate median peak and residual drift demands as well as the record-to-record variability.
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