Table 2 Details of different scenarios considered.

1

Ideal Scenario

In order to distribute the load demand, every DER and grid will actively participate. Grid pricing is same for both buyers and sellers

2

Absence of RES

Ignoring the wind system’s contribution, it’s identical to Scenario 2

3

Passive Grid

The grid’s only function is to provide (sell) electricity as a backup⁵²

4

Taxable price is 20%

Equations (3) and (4) governs the Cost function of grid; Percentage of tax is considered as 20%^52,57

5

Taxable price is 50%

Equations (3) and (4) governs the Cost function of grid; Percentage of tax is considered as 50%^52,57

6

Dissimilar CP/SP

Figure 4 governs the electricity price⁵²