Related papers: The Sharing Economy for the Smart Grid
We consider users which may have renewable energy harvesting devices, or distributed generators. Such users can behave as consumer or producer (hence, we denote them as prosumers) at different time instances. A prosumer may sell the energy…
We study a three-layer data market comprising users (data owners), platforms, and a data buyer. Each user benefits from platform services in exchange for data, incurring privacy loss when their data, albeit noisily, is shared with the…
In this paper, we study the potential benefits from smart charging for a fleet of electric vehicles (EVs) providing autonomous mobility-on-demand (AMoD) services. We first consider a profit-maximizing platform operator who makes decisions…
In smart energy communities, prosumers who both generate and consume energy play a crucial role in shaping energy management strategies. These communities use advanced platforms that enable prosumers to actively engage in the local…
Car sharing is expected to reduce traffic congestion and pollution in cities while at the same time improving accessibility to public transport. However, the most popular form of car sharing, one-way car sharing, still suffers from the…
The role of energy communities in grid operations is highly dependent on the spatial distribution of their participants. In particular, when local energy producers and consumers are concentrated in different feeders, economic incentives…
This paper investigates the feasibility of using a discriminate pricing scheme to offset the inconvenience that is experienced by an energy user (EU) in trading its energy with an energy controller in smart grid. The main objective is to…
In this paper, we study the interactions among interconnected autonomous microgrids, and propose a joint energy trading and scheduling strategy. Each interconnected microgrid not only schedules its local power supply and demand, but also…
Current electric vehicle market trends indicate an increasing adoption rate across several countries. To meet the expected growing charging demand, it is necessary to scale up the current charging infrastructure and to mitigate current…
We consider a two-stage market mechanism for trading electricity including renewable generation as an alternative to the widely used multi-settlement market structure. The two-stage market structure allows for recourse decisions by the…
The paper deals with a sharing economy system with various management factors by using a bulk input G/M/1 type queuing model. The effective management of operating costs is vital for controlling the sharing economy platform and this…
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…
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…
We consider a network of prosumers involved in peer-to-peer energy exchanges, with differentiation price preferences on the trades with their neighbors, and we analyze two market designs: (i) a centralized market, used as a benchmark, where…
Car sharing is one of the key elements of a Mobility-on-Demand system, but it still suffers from several shortcomings, the most significant of which is the fleet unbalance during the day. What is typically observed in car sharing systems,…
These last years with the growing population in the smart city demands an efficient transportation sharing (bike sharing) system for developing the smart city. The Bike sharing as we know is affordable, easily accessible and reliable mode…
The advent of vehicle autonomy, connectivity and electric powertrains is expected to enable the deployment of Autonomous Mobility-on-Demand systems. Crucially, the routing and charging activities of these fleets are impacted by the design…
This letter introduces a method to manage energy storage in electricity grids. Starting from the stochastic characterization of electricity generation and demand, we propose an equation that relates the storage level for every time-step as…
We consider the scenario where $N$ utilities strategically bid for electricity in the day-ahead market and balance the mismatch between the committed supply and actual demand in the real-time market, with uncertainty in demand and local…
The purpose of this paper is to study conflicting objectives between the grid operator and consumers in a future smart grid. Traditionally, customers in electricity grids have different demand profiles and it is generally assumed that the…