Dear Shiyang, It can be the minimization of cost of generators. With regards to social welfare, if you have offers and bids then minimization of the cost is equivalent to maximization of social welfare.
Best Wishes C. Gonzalez Almeida On Thu, Jul 12, 2012 at 12:52 PM, <[email protected]> wrote: > Dear Carlos, > I'm quite interested in your optimization model. Specially, what cost > will you consider and how will you measure the social welfare? > There are some standard methods for bi-level optimization, which I don't > think MATPOWER contains directly. > > Sincerely, > Shiyang Li > > ----- 原始邮件 ----- > 发件人：Carlos Gonzalez Almeida <[email protected]> > 收件人：MATPOWER discussion forum <[email protected]> > 主题：Bilevel optimization > 日期：2012年07月12日 16点51分 > > Dear Prof. Zimmerman, > > I want to implement a bilevel optimization problem in MATPOWER, for > instance, minimization of Cost subject to maximization social welfare. How > can I do this and solve it with MATPOWER's solvers? > > Best Regards > > Carlos > >
