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Keyword: Excess capacityCooperative Game Theory for Grid Service Pricing: A Utility-Centric Approach
This study presents a novel alternative to traditional Net Energy Metering (NEM) by proposing a set of innovative pricing schemes for solar customers participating in utility-led grid service programs through the aggregation of Distributed Energy Resources (DERs). Grounded in cooperative game theory, the proposed framework facilitates equitable and efficient value allocation among key stakeholders, namely…
Read MoreMarginalizing Last Mile Logistics Cost through 4th Party Milk Run
To reduce its high last mile logistics cost, a company may explore different options such as a horizontal collaboration with another company that has a similar logistics requirement. Traditionally, the collaboration can be conducted through an outsource contract mechanism where the company may need to guarantee a certain number of logistics demands or usage for…
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