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Enabling participation of demand-side flexibility in electricity markets is key to improving power system resilience and increasing the penetration of renewable generation. In this work we are motivated by the curtailment of near-zero-marginal-cost renewable resources during periods of oversupply, a particularly important cause of inefficient generation dispatch. Focusing on shiftable load in a multi-interval economic dispatch setting, we show that incompatible incentives arise for loads in the standard market formulation. While the system's overall efficiency increases from dispatching flexible demand, the overall welfare of loads can decrease as a result of higher spot prices. We propose a market design to address this incentive issue. Specifically, by imposing a small number of additional constraints on the economic dispatch problem, we obtain a mechanism that guarantees individual rationality for all market participants while simultaneously obtaining a more efficient dispatch. Our formulation leads to a natural definition of a uniform, time-varying flexibility price that is paid to loads to incentivize flexible bidding. We provide theoretical guarantees and empirically validate our model with simulations on real-world generation data from California Independent System Operator (CAISO). 

Banded patterns consisting of alternating bare soil and dense vegetation have been observed in water-limited ecosystems across the globe, often appearing along gently sloped terrain with the stripes aligned transverse to the elevation gradient. In many cases, these vegetation bands are arced, with field observations suggesting a link between the orientation of arcing relative to the grade and the curvature of the underlying terrain. We modify the water transport in the Klausmeier model of water–biomass interactions, originally posed on a uniform hillslope, to qualitatively capture the influence of terrain curvature on the vegetation patterns. Numerical simulations of this modified model indicate that the vegetation bands arc convex-downslope when growing on top of a ridge, and convex-upslope when growing in a valley. This behaviour is consistent with observations from remote sensing data that we present here. Model simulations show further that whether bands grow on ridges, valleys or both depends on the precipitation level. A survey of three banded vegetation sites, each with a different aridity level, indicates qualitatively similar behaviour.