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Demand response (DR), as one of the important energy resources in the future's grid, provides the services of peak shaving, enhancing the efficiency of renewable energy utilization with a short response period, and low cost. Various…

Artificial Intelligence · Computer Science 2022-02-10 Kuan-Cheng Lee , Hong-Tzer Yang , Wenjun Tang

The power consumption of households has been constantly growing over the years. To cope with this growth, intelligent management of the consumption profile of the households is necessary, such that the households can save the electricity…

Optimization and Control · Mathematics 2020-06-30 Hwei-Ming Chung , Sabita Maharjan , Yan Zhang , Frank Eliassen

The increase of renewables in the grid and the volatility of the load create uncertainties in the day-ahead prices of electricity markets. Adaptive robust optimization (ARO) and stochastic optimization have been used to make commitment and…

Optimization and Control · Mathematics 2023-09-18 Dimitris Bertsimas , Angelos G. Koulouras

In this paper, we propose a realistic multiple dynamic pricing approach to demand response in the retail market. First, an adaptive clustering-based customer segmentation framework is proposed to categorize customers into different groups…

Systems and Control · Electrical Eng. & Systems 2021-06-11 Fanlin Meng , Qian Ma , Zixu Liu , Xiao-Jun Zeng

Installing smart meters to publish real-time electricity rates has been controversial while it might lead to privacy concerns. Dispatched rates include fine-grained data on aggregate electricity consumption in a zone and could potentially…

Systems and Control · Electrical Eng. & Systems 2019-12-19 Mahrokh GhoddousiBoroujeni , Dominik Fay , Christos Dimitrakakis , Maryam Kamgarpour

The increasing use of renewable energy sources with variable output, such as solar photovoltaic and wind power generation, calls for Smart Grids that effectively manage flexible loads and energy storage. The ability to forecast consumption…

Machine Learning · Computer Science 2014-04-02 Andreas Veit , Christoph Goebel , Rohit Tidke , Christoph Doblander , Hans-Arno Jacobsen

In this paper we calculate the incremental system production cost associated with a measure of locational power injection uncertainty that can be interpreted as a locational price for tracking power fluctuations. This Locational Price of…

Systems and Control · Electrical Eng. & Systems 2020-01-07 Adria E. Brooks , Bernard C. Lesieutre

The paper proposes a framework for modeling and analysis of the dynamics of supply, demand, and clearing prices in power system with real-time retail pricing and information asymmetry. Real-time retail pricing is characterized by passing on…

Systems and Control · Computer Science 2011-06-08 Mardavij Roozbehani , Munther A Dahleh , Sanjoy K Mitter

Pricing multi-interval economic dispatch of electric power under operational uncertainty is considered in this two-part paper. Part I investigates dispatch-following incentives for generators under the locational marginal pricing (LMP) and…

Systems and Control · Electrical Eng. & Systems 2020-12-29 Cong Chen , Ye Guo , Lang Tong

We consider the problem of operating a battery in a home connected to the grid to minimize electricity cost, which combines an energy charge and a tiered peak power charge based on the average of the $N$ largest daily peak powers in each…

Optimization and Control · Mathematics 2026-04-27 David Pérez-Piñeiro , Sigurd Skogestad , Stephen Boyd

The smart meter (SM) privacy problem is addressed together with the cost of energy for the user. It is assumed that a storage device, e.g., an electrical battery, is available to the user, which can be utilized both to achieve privacy and…

Information Theory · Computer Science 2017-08-11 Giulio Giaconi , Deniz Gunduz , H. Vincent Poor

The integration of renewables into electrical grids calls for optimization-based control schemes requiring reliable grid models. Classically, parameter estimation and optimization-based control is often decoupled, which leads to high system…

Systems and Control · Electrical Eng. & Systems 2021-03-22 Xu Du , Alexander Engelmann , Timm Faulwasser , Boris Houska

In Demand Response programs, price incentives might not be sufficient to modify residential consumers load profile. Here, we consider that each consumer has a preferred profile and a discomfort cost when deviating from it. Consumers can…

Optimization and Control · Mathematics 2017-12-01 Paulin Jacquot , Olivier Beaude , Nadia Oudjane , Stephane Gaubert

Accurate prediction of electricity prices plays an essential role in the electricity market. To reflect the uncertainty of electricity prices, price intervals are predicted. This paper proposes a novel prediction interval construction…

Machine Learning · Computer Science 2025-01-15 Xin Lu

Real-time price signals and power generation levels (disaggregated or aggregated) are commonly made available to the public by Independent System Operators (ISOs) to promote efficiency and transparency. However, they may inadvertently…

Cryptography and Security · Computer Science 2025-03-28 Junfei Wang , Pirathayini Srikantha

Flexibility is a key enabler for the smart grid, required to facilitate Demand Side Management (DSM) programs, managing electrical consumption to reduce peaks, balance renewable generation and provide ancillary services to the grid.…

Systems and Control · Computer Science 2017-04-06 Sarah O'Connell , Stefano Riverso

The participation of consumers and producers in demand response programs has increased in smart grids, which reduces investment and operation costs of power systems. Also, with the advent of renewable energy sources, the electricity market…

Machine Learning · Computer Science 2022-07-29 Nafise Rezaei , Roozbeh Rajabi , Abouzar Estebsari

One of the most important goals of the 21st century is to change radically the way our society produces and distributes energy. This broad objective embodies in the smart grid's futuristic vision of a completely decentralized system powered…

Systems and Control · Computer Science 2013-05-20 Nicolas Gensollen , Vincent Gauthier , Michel Marot , Monique Becker

A significant amount of research has been conducted in order to make home appliances more efficient in terms of energy usage. Various techniques have been designed and implemented in order to control the power demand and supply. This paper…

Networking and Internet Architecture · Computer Science 2013-11-22 A. Mahmood , H. Fakhar , S. H. Ahmed , N. Javaid

This paper considers two important problems -- on the supply-side and demand-side respectively and studies both in a unified framework. On the supply side, we study the problem of energy sharing among microgrids with the goal of maximizing…

Systems and Control · Electrical Eng. & Systems 2019-07-09 Diddigi Raghuram Bharadwaj , Sai Koti Reddy Danda , Krishnasuri Narayanam , Shalabh Bhatnagar
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