Optimizing energy and demand response programs using multi-objective optimiza…

Abstract This paper proposes a new multi-objective dayahead market clearing (DAMC) mechanism with demand response offers, considering realistic voltage-dependent load modeling. This paper presents several objectives such as Social Welfare Maximization including demand response offers (SWM), Load reduction Minimization (PredM), and Load Served Error (LSE) minimization. Energy and demandside r…