Related papers: Vulnerability Analysis for Data Driven Pricing Sch…
To enable an efficient electricity market, a good pricing scheme is of vital importance. Among many practical schemes, customized pricing is commonly believed to be able to best exploit the flexibility in the demand side. However, due to…
While deep learning gradually penetrates operational planning, its inherent prediction errors may significantly affect electricity prices. This letter examines how prediction errors propagate into electricity prices, revealing notable…
Recent advances in Machine Learning(ML) have led to its broad adoption in a series of power system applications, ranging from meter data analytics, renewable/load/price forecasting to grid security assessment. Although these data-driven…
This paper deals with the market-bidding problem of a cluster of price-responsive consumers of electricity. We develop an inverse optimization scheme that, recast as a bilevel programming problem, uses price-consumption data to estimate the…
Cyber data attacks are the worst-case interacting bad data to power system state estimation and cannot be detected by existing bad data detectors. In this paper, we for the first time analyze the likelihood of cyber data attacks by…
In smart electrical grids, fault detection tasks may have a high impact on society due to their economic and critical implications. In the recent years, numerous smart grid applications, such as defect detection and load forecasting, have…
Applications of cyber technologies improve the quality of monitoring and decision making in smart grid. These cyber technologies are vulnerable to malicious attacks, and compromising them can have serious technical and economical problems.…
Data centers (DCs) are emerging as large, geographically distributed, controllable loads whose participation in electricity markets can significantly affect grid operation, especially when cloud platforms shift workloads across sites to…
Given that disturbances to the stable and normal operation of power systems have grown phenomenally, particularly in terms of unauthorized access to confidential and critical data, injection of malicious software, and exploitation of…
In the present work we tackle the problem of finding the optimal price tariff to be set by a risk-averse electric retailer participating in the pool and whose customers are price-sensitive. We assume that the retailer has access to a…
The vulnerability of false data injection attacks on real-time electricity pricing for the power grid market has been recently explored. Previous work has focused on the impact caused by attackers that compromise pricing signals and send…
Data clustering is an instrumental tool in the area of energy resource management. One problem with conventional clustering is that it does not take the final use of the clustered data into account, which may lead to a very suboptimal use…
The smart grid vision entails advanced information technology and data analytics to enhance the efficiency, sustainability, and economics of the power grid infrastructure. Aligned to this end, modern statistical learning tools are leveraged…
Power grids are moving towards 100% renewable energy source bulk power grids, and the overall dynamics of power system operations and electricity markets are changing. The electricity markets are not only dispatching resources economically…
The transition from traditional power grids to smart grids, significant increase in the use of renewable energy sources, and soaring electricity prices has triggered a digital transformation of the energy infrastructure that enables new,…
The flexible loads in power systems, such as interruptible and transferable loads, are critical flexibility resources for mitigating power imbalances. Despite their potential, accurate modeling of these loads is a challenging work and has…
As smart grids are getting popular and being widely implemented, preserving the privacy of consumers is becoming more substantial. Power generation and pricing in smart grids depends on the continuously gathered information from the…
It is challenging to assess the vulnerability of a cyber-physical power system to data attacks from an integral perspective. In order to support vulnerability assessment except analytic analysis, suitable platform for security tests needs…
Purpose: Trading on electricity markets occurs such that the price settlement takes place before delivery, often day-ahead. In practice, these prices are highly volatile as they largely depend upon a range of variables such as electricity…
Data attacks on meter measurements in the power grid can lead to errors in state estimation. This paper presents a new data attack model where an adversary produces changes in state estimation despite failing bad-data detection checks. The…