Related papers: Self-regulating Supply-Demand Systems
Dynamic pricing schemes are increasingly employed across industries to maintain a self-organized balance of demand and supply. However, throughout complex dynamical systems, unintended collective states exist that may compromise their…
A modern-day society demands resilient, reliable, and smart urban infrastructure for effective and in telligent operations and deployment. However, unexpected, high-impact, and low-probability events such as earthquakes, tsunamis,…
The Internet of Things describes a network of physical devices interacting and producing vast streams of sensor data. At present there are a number of general challenges which exist while developing solutions for use cases involving the…
Programmable management framework have paved the way for managing devices in the network. Lately, emerging paradigm of Software Defined Networking (SDN) have revolutionized programmable networks. Designers of networking applications i.e.…
We continue to see increasingly widespread deployment of IoT devices, with apparent intent to embed them in our built environment likely to accelerate if smart city and related programmes succeed. In this paper we are concerned with the…
Internet-of-Things (IoT) enables the development of sharing economy applications. In many sharing economy scenarios, agents both produce as well as consume a resource; we call them prosumers. A community of prosumers agrees to sell excess…
Technology advancements on sensing, communications, and computing directly accelerate the recent development of Internet of Things (IoT), leading to rich and diverse applications in industry and business processes. For enabling IoT…
Supply chain security threats pose new challenges to security risk modeling techniques for complex ICT systems such as the IoT. With established techniques drawn from attack trees and reliability analysis providing needed points of…
With the Internet of Things (IoT), Things are expected to live in different "domains" and "contexts" during their lifetime. Information generated by and associated with Things should be manageable by multiple, diverse stakeholders…
In our connected world, services are expected to be delivered at speed through multiple means with seamless communication. To put it in day to day conversational terms, 'there is an app for it' attitude prevails. Several technologies are…
The energy transition is expected to significantly increase the share of renewable energy sources whose production is intermittent in the electricity mix. Apart from key benefits, this development has the major drawback of generating a…
The integration of renewable generation poses operational and economic challenges for the electricity grid. For the core problem of power balance, the legacy paradigm of tailoring supply to follow random demand may be inappropriate under…
Regarding to the smart city infrastructures, there is a demand for big data processing and its further usage. This data can be gained by various means. There are many IoT devices in the city, which can communicate and share the information…
We present an open-source solution for the operational control of drinking water distribution networks which accounts for the inherent uncertainty in water demand and electricity prices in the day-ahead market of a volatile deregulated…
This study focusses on self-balancing microgrids to smartly utilize and prevent overdrawing of available power capacity of the grid. A distributed framework for automated distribution of optimal power demand is proposed, where all building…
Power systems are subject to fundamental changes due to the increasing infeed of decentralised renewable energy sources and storage. The decentralised nature of the new actors in the system requires new concepts for structuring the power…
Supply chain is emerging as the next frontier of threats in the rapidly evolving IoT ecosystem. It is fundamentally more complex compared to traditional ICT systems. We analyze supply chain risks in IoT systems and their unique aspects,…
Internet-enabled things and devices operating in the physical world are increasingly integrated in modern distributed systems, supporting functionalities that require assurances that certain critical requirements are satisfied by the…
For more than a century, the grid has operated in a centralized top-down fashion. However, as distributed energy resources (DERs) penetration grows, the grid edge is increasingly infused with intelligent computing and communication…
With rapid advancements in the Internet of Things (IoT) paradigm, electrical devices in the near future is expected to have IoT capabilities. This enables fine-grained tracking of individual energy consumption data of such devices, offering…