A Mechanism Design Approach for Coordination of Thermostatically Controlled Loads
Abstract
This paper focuses on the coordination of a population of thermostatically controlled loads (TCLs) with unknown parameters to achieve group objectives. The problem involves designing the device bidding and market clearing strategies to motivate self-interested users to realize efficient energy allocation subject to a peak energy constraint. This coordination problem is formulated as a mechanism design problem, and we propose a mechanism to implement the social choice function in dominant strategy equilibrium. The proposed mechanism consists of a novel bidding and clearing strategy that incorporates the internal dynamics of TCLs in the market mechanism design, and we show it can realize the team optimal solution. A learning scheme is proposed to address the unknown load model parameters. Numerical simulations are performed to validate the effectiveness of the proposed coordination framework.
Keywords
Cite
@article{arxiv.1503.02705,
title = {A Mechanism Design Approach for Coordination of Thermostatically Controlled Loads},
author = {Sen Li and Wei Zhang and Jianming Lian and Karanjit Kalsi},
journal= {arXiv preprint arXiv:1503.02705},
year = {2015}
}