Related papers: Self-regulating Supply-Demand Systems
The rise of Internet of things (IoT) technology has revolutionized urban living, offering immense potential for smart cities in which smart home, smart infrastructure, and smart industry are essential aspects that contribute to the…
This paper describes the remote-collection technology of detailed data (Smart Monitoring) on the consumption and quality of energy resources in public services. In this article, under "energy resources" (hereinafter referred to as…
Internet of Things (IoT) technologies have received significant attention in recent years by encompassing a set of technologies that enable a variety of heterogeneous physical objects, called things, to interact and communicate through…
Smart Cities are future urban aggregations, where a multitude of heterogeneous systems and IoT devices interact to provide a safer, more efficient, and greener environment. The vision of smart cities is adapting accordingly to the evolution…
Renewables will soon dominate energy production in our electric power system. And yet, how to integrate renewable energy into the grid and the market is still a subject of major debate. Decentral Smart Grid Control (DSGC) was recently…
Over the past few years, the relevance of the Internet of Things (IoT) has grown significantly and is now a key component of many industrial processes and even a transparent participant in various activities performed in our daily life. IoT…
Supply chains are the backbone of the global economy. Disruptions to them can be costly. Centrally managed supply chains invest in ensuring their resilience. Decentralized supply chains, however, must rely upon the self-interest of their…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
Decentralized management and coordination of energy systems are emerging trends facilitated by the uptake of the Internet of Things and Blockchain offering new opportunities for more secure, resilient, and efficient energy distribution.…
In the era of a growing population, systemic changes to the world, and the rising risk of crises, humanity has been facing an unprecedented challenge of resource scarcity. Confronting and addressing the issues concerning the scarce…
Internet of Intelligent Things (IoIT), an emerging field, combines the utility of Internet of Things (IoT) devices with the innovation of embedded AI algorithms. However, it does not come without challenges, and struggles regarding…
Digital technologies have changed the way supply chain operations are structured. In this article, we conduct systematic syntheses of literature on the impact of new technologies on supply chains and the related cyber risks. A…
Internet of Things has pervaded every area of modern life. From a research and industry standpoint, there has been an increasing demand and desire in recent years to develop Internet of Things networks with distributed structure. Wireless…
The disbalance of Supply and Demand is typically considered as the driving force of the markets. However, the measurement or estimation of Supply and Demand at price different from the execution price is not possible even after the…
Personal IoT data is a new economic asset that individuals can trade to generate revenue on the emerging data marketplaces. Typically, marketplaces are centralized systems that raise concerns of privacy, single point of failure, little…
This paper investigates how concepts from game theory and ICT can contribute to solve challenges in demand side management, an important concept in the upcoming smart grid. Demand side management is about modifying the energy load…
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…
The energy-water demands of metropolitan regions and agricultural ecosystems are ever-increasing. To tackle this challenge efficiently and sustainably, the interdependence of these interconnected resources has to be considered. In this…
Nowadays, we are rapidly moving beyond bespoke detailed solutions tailored for very specific problems, and we already build upon reusable and more general purpose infrastructures and tools, referring to them as IoT, Industrial IoT/Industry…
Contemporary software systems, such as the Internet of Things, Industry 4.0 and Intelligent Cities, present challenges for their engineering, since they question our traditional form of software development. They represent a promising…