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Electric storage units constitute a key element in the emerging smart grid system. In this paper, the interactions and energy trading decisions of a number of geographically distributed storage units are studied using a novel framework…

Computer Science and Game Theory · Computer Science 2013-10-08 Yunpeng Wang , Walid Saad , Zhu Han , H. Vincent Poor , Tamer Başar

Due to proliferation of energy efficiency measures and availability of the renewable energy resources, traditional energy infrastructure systems (electricity, heat, gas) can no longer be operated in a centralized manner under the assumption…

Systems and Control · Electrical Eng. & Systems 2020-05-06 Ali Hassan , Samrat Acharya , Michael Chertkov , Deepjyoti Deka , Yury Dvorkin

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

A cooperative energy scheduling method is proposed that allows joint energy optimization for a group of microgrids to achieve cost savings that the microgrids could not achieve individually. The discussed microgrids may be commercial…

Systems and Control · Electrical Eng. & Systems 2020-02-03 Amir Valibeygi , Raymond A de Callafon

Due to the emergence of new technologies, the whole electricity system is undergoing transformations on a scale and pace never observed before. The decentralization of energy resources and the smart grid have forced utility services to…

Physics and Society · Physics 2020-02-04 Iacopo Iacopini , Benjamin Schäfer , Elsa Arcaute , Christian Beck , Vito Latora

We consider the problem of energy management in microgrid networks. A microgrid is capable of generating a limited amount of energy from a renewable resource and is responsible for handling the demands of its dedicated customers. Owing to…

As electricity consumption grows, reducing peak demand--the maximum load on the grid--has become critical for preventing infrastructure strain and blackouts. Pricing mechanisms that incentivize consumers with flexible loads to shift…

Computer Science and Game Theory · Computer Science 2025-11-17 Vade Shah , Jason R. Marden

In this paper we introduce the problem of dynamic pricing of power for smart-grid networks. This is studied within a network utility maximization (NUM) framework in a deterministic setting with a single provider, multiple users and a finite…

Systems and Control · Computer Science 2015-03-20 Qingsi Wang , Mingyan Liu , Rahul Jain

The deployment of distributed energy resources, combined with a more proactive demand side, is inducing a new paradigm in power system operation and electricity markets. Within a consumer-centric market framework, peer-to-peer approaches…

Systems and Control · Computer Science 2018-03-07 T. Baroche , P. Pinson , R. Le Goff Latimier. , H. Ben Ahmed

In this paper we investigate the resiliency planning of interdependent electric power systems and emergency services. We investigate the effect of the level of empathy, cooperation, coordination, flexibility, and experience of individuals…

Computers and Society · Computer Science 2020-04-14 Jaber Valinejad , Lamine Mili , Konstantinos Triantis , Michael von Spakovsky , C. Natalie van der Wal

This paper explores the feasibility of social cooperation between prosumers within an energy network in establishing their sustainable participation in peer-to-peer (P2P) energy trading. In particular, a canonical coalition game (CCG) is…

Computer Science and Game Theory · Computer Science 2018-10-01 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Paul Liddell , Richard Bean , H. Vincent Poor

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,…

Systems and Control · Electrical Eng. & Systems 2021-11-26 Kamalanathan Ganesan , João Tomé Saraiva , Ricardo J. Bessa

Demand side management (DSM) is a key solution for reducing the peak-time power consumption in smart grids. To provide incentives for consumers to shift their consumption to off-peak times, the utility company charges consumers differential…

Systems and Control · Computer Science 2013-11-11 Linqi Song , Yuanzhang Xiao , Mihaela van der Schaar

Smart interactions among the smart grid, aggregators and EVs can bring various benefits to all parties involved, e.g., improved reliability and safety for the smart gird, increased profits for the aggregators, as well as enhanced self…

Systems and Control · Computer Science 2016-07-26 Qinglong Wang , Xue Liu , Jian Du , Fanxin Kong

New generation electricity network called Smart Grid is a recently conceived vision for a cleaner, more efficient and cheaper electricity system. One of the major challenges of electricity network is that generation and consumption should…

Systems and Control · Computer Science 2016-08-02 Lorant Kovacs , Rajmund Drenyovszki , Andras Olah , Janos Levendovszky , Kalman Tornai , Istvan Pinter

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 complex network can be characterized by patterns. Such frequently occurring significant patterns are called motifs and in a time dependent network, they are called temporal motifs. One of the temporal networks where temporal motifs are…

Social and Information Networks · Computer Science 2021-02-04 Rucha Bhalchandra Joshi , Annada Prasad Behera , Subhankar Mishra

As the number of prosumers with distributed energy resources (DERs) grows, the conventional centralized operation scheme may suffer from conflicting interests, privacy concerns, and incentive inadequacy. In this paper, we propose an energy…

Computer Science and Game Theory · Computer Science 2022-06-29 Yue Chen , Changhong Zhao , Steven H. Low , Adam Wierman

Sharing economy has become a socio-economic trend in transportation and housing sectors. It develops business models leveraging underutilized resources. Like those sectors, power grid is also becoming smarter with many flexible resources,…

Systems and Control · Electrical Eng. & Systems 2023-01-13 K. Victor Sam Moses Babu , Satya Surya Vinay K , Pratyush Chakraborty

In this paper, the problem of energy trading between smart grid prosumers, who can simultaneously consume and produce energy, and a grid power company is studied. The problem is formulated as a single-leader, multiple-follower Stackelberg…

Computer Science and Game Theory · Computer Science 2017-09-19 Georges El Rahi , S. Rasoul Etesami , Walid Saad , Narayan Mandayam , H. Vincent Poor