Abstract:<p style='text-indent:20px;'>With the applications of big data, the research of real-time pricing method for smart grid has become increasingly important. Based on the demand side management and the real-time pricing model, the social welfare maximization model of smart grid is considered. We transform it by Karush-Kuhn-Tucker condition, then the social welfare maximization model is transformed into a nonsmooth equation by Fischer-Burmeister function. Then, taking advantage of simple calculation and smal… Show more
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