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In an electric power system, demand fluctuations may result in significant ancillary cost to suppliers. Furthermore, in the near future, deep penetration of volatile renewable electricity generation is expected to exacerbate the variability…

Optimization and Control · Mathematics 2012-07-13 John N. Tsitsiklis , Yunjian Xu

Since the 1990s, widespread introduction of central (wholesale) electricity markets has been seen across multiple continents, driven by the search for efficient operation of the power grid through competition. The increase of renewables has…

Systems and Control · Electrical Eng. & Systems 2025-10-15 Pål Forr Austnes , Matthieu Jacobs , Lu Wang , Mario Paolone

In this paper, we propose to model the energy consumption of smart grid households with energy storage systems as an intertemporal trading economy. Intertemporal trade refers to transaction of goods across time when an agent, at any time,…

Other Computer Science · Computer Science 2015-06-17 Jayaprakash Rajasekharan , Visa Koivunen

An optimal scheduling model for a microgrid participating in the electricity distribution market in interaction with a Distribution Market Operator (DMO) is proposed in this paper. The DMO administers the established electricity market in…

Systems and Control · Computer Science 2016-11-15 Sina Parhizi , Amin Khodaei , Mohammad Shahidehpour

This paper is in related to the demand genrated by the consumer for a time for the power which is being viewed by taking some measures to solve the demand need.

Other Computer Science · Computer Science 2014-01-08 Kalpana Kandpal , Anjali Singhal

This paper investigates large fluctuations of Locational Marginal Prices (LMPs) in wholesale energy markets caused by volatile renewable generation profiles. Specifically, we study events of the form $\mathbb{P} \Big ( \mathbf{LMP} \notin…

Optimization and Control · Mathematics 2021-07-07 Tommaso Nesti , John Moriarty , Alessandro Zocca , Bert Zwart

An important part of the Smart Grid literature on residential Demand Response deals with game-theoretic consumption models. Among those papers, the hourly billing model is of special interest as an intuitive and fair mechanism. We focus on…

Optimization and Control · Mathematics 2017-12-27 Paulin Jacquot , Olivier Beaude , Stéphane Gaubert , Nadia Oudjane

Demand response provides utilities with a mechanism to share with end users the stochasticity resulting from the use of renewable sources. Pricing is accordingly used to reflect energy availability, to allocate such a limited resource to…

Artificial Intelligence · Computer Science 2016-06-08 Andrea Monacchi , Wilfried Elmenreich

Integrating volatile renewable energy resources into the bulk power grid is challenging, due to the reliability requirement that at each instant the load and generation in the system remain balanced. In this study, we tackle this challenge…

Systems and Control · Computer Science 2016-11-17 Miao He , Sugumar Murugesan , Junshan Zhang

We study a demand response problem from utility (also referred to as operator)'s perspective with realistic settings, in which the utility faces uncertainty and limited communication. Specifically, the utility does not know the cost…

Optimization and Control · Mathematics 2017-08-11 Pan Li , Hao Wang , Baosen Zhang

New generation electricity network called Smart Grid is a recently conceived vision for a cleaner, more efficient and cheaper electricity system. One of the major challenges of electricity network is that generation and consumption should…

Systems and Control · Computer Science 2016-08-02 Lorant Kovacs , Rajmund Drenyovszki , Andras Olah , Janos Levendovszky , Kalman Tornai , Istvan Pinter

The performance of an energy system under a real-time pricing mechanism depends on the consumption behavior of its customers, which involves uncertainties. In this paper, we consider a system operator that charges its customers with a…

Systems and Control · Computer Science 2016-11-17 Ceyhun Eksin , Hakan Delic , Alejandro Ribeiro

In this paper, we study the price responsiveness of electricity consumption from empirical commercial and industrial load data obtained from Texas. Employing a dynamical system perspective, we show that price responsive demand can be…

Applications · Statistics 2016-12-16 Jaeyong An , P. R. Kumar , Le Xie

This paper describes a method for computing price signals for prosumers, incentivizing them to adjust their consumption according to the constraints of the distribution grids to which they are connected, thereby preventing voltage…

Systems and Control · Electrical Eng. & Systems 2025-11-20 Plouton Grammatikos , Ali Mohamed Ali , Fabrizio Sossan

The electricity grid is expected to require vast investments due to the decarbonization-by-electrification trend, calling for a change in grid tariff design which provides proper incentives for reducing peak loads. However, price signals…

Optimization and Control · Mathematics 2022-06-29 Sigurd Bjarghov , Matthias Hofmann

The next generation of communication is envisioned to be intelligent communication, that can replace traditional symbolic communication, where highly condensed semantic information considering both source and channel will be extracted and…

Networking and Internet Architecture · Computer Science 2024-01-08 Panlong Wu , Qi Liu , Yanjie Dong , Fangxin Wang

Smart grids leverage data from smart meters to improve operations management and to achieve cost reductions. The fine-grained meter data also enable pricing schemes that simultaneously benefit electricity retailers and users. Our goal is to…

Cryptography and Security · Computer Science 2021-08-11 Daniel Reijsbergen , Zheng Yang , Aung Maw , Tien Tuan Anh Dinh , Jianying Zhou

A smart grid connects wind or solar or storage farms, fossil fuel plants, industrialor commercial loads, or load serving entities, modeled as stochastic dynamical systems. In each time period, they consume or supply electrical energy, with…

Optimization and Control · Mathematics 2016-06-30 Rahul Singh , P. R. Kumar , Le Xie

Smart grid is an energy infrastructure that increases energy efficiency by using communication infrastructure, smart meters, smart appliances, automated control and networking, and more. This paper focuses on the Power Line Communication…

Signal Processing · Electrical Eng. & Systems 2017-09-21 Moegamat Peck , Genesis Alvarez , Benjamin Coleman , Hadis Moradi , Mark Forest , Valentine Aalo

The evolution of the power grid towards the so-called Smart Grid, where information technologies help improve the efficiency of electricity production, distribution and consumption, allows to use the fine-grained control brought by the…

Optimization and Control · Mathematics 2017-05-03 Nguyen Hoang Son Duong , Patrick Maillé , Ashish Kumar , Laurent Toutain