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Chapter 1 Introduction
1£®1 MonographContext
1£®2 Monograph Motivation
1£®2£®1 Role of Flexible Demand and Energy Storage in the Emerging Power System Setting
1£®2£®2 Market-Based Realisation of Flexible Demand and Energy Storage Flexibility
1£¬3 Monograph Scope and Original Contributions
1£®3£®1 Monograph Scope
1£®3£®2 Monograph Original Contributions
1£®4 MonographOutline

Chapter 2 Current Trends on Market Integration of Flexible Demand and Energy Storage
2£®1 Introduction
2£®2 Modelling Approaches for Flexible Demand and Energy Storage
2£®3 Market Arrangements tor Flexible Demand and Energy Storage
2£®3£®1 Centralized Market Clearing Mechanism
2£®3£®2 Decentralized Dynamic Pricing-Based Mechanism
2£®4 Participation of Flexible Demand and Energy Storage in Different Market Segments
2£®5 Centralized Market Clearing Mechanism with Flexible Demand and Energy Storage Participation
2£®5£®1 Assumptions on Examined Electricity Market Model
2£®5£®2 Model of Centralized Market Clearing Mechanism

Chapter 3 Factoring Flexible Demand Non-Convexities in Electricity Markets
3£®1 Introduction
3£®2 Literature Review
3£®3 Centralized Market Clearing Under Flexible Demand Participation
3£®3£®1 Modelling Generation Participants
3£®3£®2 Modelling Flexible Demand Participants
3£®3£®3 Centralized Market Clearing Solutions
3£®4 Surplus Sub-Optimality Effects and Their Relation to Participants' Non-Convexities
3£®4£®1 Surplus Sub-Optimality
3£®4£®2 Generation Non Convexities and Impacts on Surplus Optimality
3£®4£®3 Flexible Demand Non-Convexities and Impacts on Surplus Optimality
3£®5 Generalized Uplifts Under Flexible Demand Participation
3£®5£®1 Lump-Sum Uplifts
3£®5£®2 Generalized Uplifts
3£®5£®3 Formulation of Minimum Discrimination Problem
3£®5£®4 Solution Techniques of the Minimum Discrimination Problem
3£®6 Convex Hull Pricing Under Flexible Demand Participation
3£®6£®1 Concept of Convex HullPricing
3£®6£®2 Lagrangian Formulation of Convex Hull Pricing Problem
3£®6£®3 Solution Techniques of the Lagrangian Dual Problem
3£®7 Case Studies
3£®7£®1 Test Data andlmplementation
3£®7£®2 Impacts of Flexible Demand Non-Convexities
3£®7£®3 Generalized Uplift Approach
3£®7£®4 Convex HulIPricing Approach
3£®8 Conclusions

Chapter 4 Investigating the Impact of Flexible Demand and Energy Storage on the
Exercise of Market Power by Strategic Producers in Imperfect Electricity Markets
4£®1 Introduction
4£®2 LiteratureReview
4£®2£®1 Modelling Imperfect Markets with Strategic Electricity Producers
4£®2£®2 Generation Market Power Mitigation
4£®3 Modelling Market Participants
¡­¡­
Chapter 5 Investigating the Exercise of Market Power by Strategic Flexible Demand
and Energy Storage in Imperfect Electricity Markets
Chapter 6 Conclusions and Future Work
References
Appendix A Convexity Principles
Appendix B Lagrangian Formulation of Convex Hull Pricing Problem
Appendix C List of Abbreviations