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> ... it is a well-known type of problem, called a multiple integer program (MIP)

Is this meant to be "mixed integer program"?

Nice read. I find this especially interesting as I'm familiar with everything you've talked about here except only in Australia (AEMO). What you've written is like a parallel universe to what I know - very similar, but distinctly different.

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I don't personally like the pricing model for energy in Australia and I can't wait for the realities of the 5 minute bid and future battery use like FCAS. But that said, even if this was a public utility model like I think it should be, and not this quasi free market (it's a highly regulated and very distorted market at times) price models like this would very probably work, and apply to balancing the energy supply and consumption.

Demand management as a virtual generator is interesting too. Supermarkets and shopping centres have huge HVAC which can bid in and out to consume surplus power into water chilling or heating and use it for its thermal qualities later.

Lol thank you! Evidently I did not have anyone proofread this...

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