Related papers: Mechanism Design for Demand Response Programs
Smart grid (SG) systems enhance grid resilience and efficient operation, leveraging the bidirectional flow of energy and information between generation facilities and prosumers. For energy demand management (EDM), the SG network requires…
This paper proposes a novel end-to-end deep learning framework that simultaneously identifies demand baselines and the incentive-based agent demand response model, from the net demand measurements and incentive signals. This learning…
The real-time statistics on key consumer parameters and key utility parameters earmark the implementation of demand response (DR) under the smart grid (SG) paradigm. Advanced metering infrastructure (AMI) enables monitoring and control over…
Growth in the penetration of renewable energy sources makes supply more uncertain and leads to an increase in the system imbalance. This trend, together with the single imbalance pricing, opens an opportunity for balance responsible parties…
Traditional revenue management relies on long and stable historical data and predictable demand patterns. However, meeting those requirements is not always possible. Many industries face demand volatility on an ongoing basis, an example…
One of the major barriers for the retailers is to understand the consumption elasticity they can expect from their contracted demand response (DR) clients. The current trend of DR products provided by retailers are not consumer-specific,…
With improvement in smart grids through two-way communication, demand response (DR) has gained significant attention due to the inherent flexibility provided by shifting non-critical loads from peak periods to off-peak periods, which can…
Designing fair compensation mechanisms for demand response (DR) is challenging. This paper models the problem in a game theoretic setting and designs a payment distribution mechanism based on the Shapley Value. As exact computation of the…
Demand-side management (DSM) enables distribution system operators (DSOs) to steer electricity consumption through dynamic price signals or incentive mechanisms, thereby leveraging end-users' flexibility potential for delivering grid…
For the development and optimization of agent-based models (ABMs) and rational agent-based models (RABMs), optimization algorithms such as reinforcement learning are extensively used. However, assessing the performance of RL-based ABMs and…
The arrival of small-scale distributed energy generation in the future smart grid has led to the emergence of so-called prosumers, who can both consume as well as produce energy. By using local generation from renewable energy resources,…
Baseline estimation is critical to Demand Response (DR) settlement in electricity markets, yet existing machine learning methods remain limited in predictive performance, while methodologies from causal inference and counterfactual…
The widespread diffusion of distributed energy resources, especially those based on renewable energy, and energy storage devices has deeply modified power systems. As a consequence, demand response, the ability of customers to respond to…
This paper presents the first coupling application of the dual reciprocity BEM (DRBEM) and dynamic programming filter to inverse elastodynamic problem. The DRBEM is the only BEM method, which does not require domain discretization for…
The massive integration of renewable-based distributed energy resources (DERs) inherently increases the energy system's complexity, especially when it comes to defining its operational schedule. Deep reinforcement learning (DRL) algorithms…
It is known that the capacity of the intelligent reflecting surface (IRS) aided cellular network can be effectively improved by reflecting the incident signals from the transmitter in a low-cost passive reflecting way. Nevertheless, in the…
We build upon previous work out of UC Berkeley's energy, controls, and applications laboratory (eCal) that developed a model for price prediction of the energy day-ahead market (DAM) and a stochastic load scheduling for distributed energy…
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…
Decomposing complex tasks into a sequence of simpler subtasks can improve learning efficiency for an autonomous agent. Reinforcement learning (RL) can be used to optimize agent policies to complete subtasks, but requires well-defined…
A properly calibrated rule-based autoscaler can beat every one of six mainstream deep reinforcement learning (DRL) algorithms on cost across every workload we test - so when, if ever, does DRL actually help? We study this in RLScale-Bench,…