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This paper proposes a peer-to-peer energy trading scheme that can help the centralized power system to reduce the total electricity demand of its customers at the peak hour. To do so, a cooperative Stackelberg game is formulated, in which…

系统与控制 · 电气工程与系统科学 2019-08-27 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Thomas Morstyn , Nahid-Al-Masood , H. Vincent Poor , Richard Bean

This paper explores an idea of demand-supply balance for smart grids in which consumers are expected to play a significant role. The main objective is to motivate the consumer, by maximizing their benefit both as a seller and a buyer, to…

计算机科学与博弈论 · 计算机科学 2013-04-04 Wayes Tushar , Jian A. Zhang , David B. Smith , Sylvie Thiebaux , H. Vincent Poor

Stackelberg games are a classic example of bilevel optimization problems, which are often encountered in game theory and economics. These are complex problems with a hierarchical structure, where one optimization task is nested within the…

计算机科学与博弈论 · 计算机科学 2013-07-25 Ankur Sinha , Pekka Malo , Anton Frantsev , Kalyanmoy Deb

We propose a real-time nodal pricing mechanism for cost minimization and voltage control in a distribution network with autonomous distributed energy resources and analyze the resulting market using stochastic game theory. Unlike existing…

系统与控制 · 电气工程与系统科学 2025-09-04 Eli Brock , Jingqi Li , Javad Lavaei , Somayeh Sojoudi

Future electricity distribution grids will host a considerable share of the renewable energy sources needed for enforcing the energy transition. Demand side management mechanisms play a key role in the integration of such renewable energy…

系统与控制 · 计算机科学 2019-04-16 José Horta , Eitan Altman , Mathieu Caujolle , Daniel Kofman , David Menga

We consider a microgrid where different prosumers exchange energy altogether by the edges of a given network. Each prosumer is located to a node of the network and encompasses energy consumption, energy production and storage capacities…

最优化与控制 · 数学 2019-12-24 Pierre Carpentier , Jean-Philippe Chancelier , Michel de Lara , François Pacaud

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…

人工智能 · 计算机科学 2016-06-08 Andrea Monacchi , Wilfried Elmenreich

Demand-side management presents significant benefits in reducing the energy load in smart grids by balancing consumption demands or including energy generation and/or storage devices in the user's side. These techniques coordinate the…

最优化与控制 · 数学 2016-05-06 Javier Zazo , Santiago Zazo , Sergio Valcarcel Macua

This paper, by comparing three potential energy trading systems, studies the feasibility of integrating a community energy storage (CES) device with consumer-owned photovoltaic (PV) systems for demand-side management of a residential…

计算机科学与博弈论 · 计算机科学 2017-01-26 Chathurika P. Mediwaththe , Edward R. Stephens , David B. Smith , Anirban Mahanti

This work studies the decentralized and uncoordinated energy source selection problem for smart-grid consumers with heterogeneous energy profiles and risk attitudes: they compete for a limited amount of renewable energy in their local…

系统与控制 · 电气工程与系统科学 2022-03-16 Eleni Stai , Evangelia Kokolaki , Lesia Mitridati , Petros Tatoulis , Ioannis Stavrakakis , Gabriela Hug

Peer-to-peer energy trading offers a promising solution for enhancing renewable energy utilization and economic benefits within interconnected microgrids. However, existing real-time P2P markets face two key challenges: high computational…

系统与控制 · 电气工程与系统科学 2025-10-06 Kaidi Huang , Lin Cheng , Yue Zhou , Fashun Shi , Yufei Xi , Yingrui Zhuang , Ning Qi

Global warming is endangering the earth's ecosystem. It is imperative for us to limit green house gas emissions in order to combat rising global average temperatures. One way to move forward is the integration of renewable energy resources…

信号处理 · 电气工程与系统科学 2019-05-14 Matthias Pilz , Luluwah Al-Fagih

This paper investigates the feasibility of using a discriminate pricing scheme to offset the inconvenience that is experienced by an energy user (EU) in trading its energy with an energy controller in smart grid. The main objective is to…

系统与控制 · 计算机科学 2014-07-23 Wayes Tushar , Chau Yuen , Bo Chai , David B. Smith , H. Vincent Poor

The problem of heat system pricing is considered. A direct extension of locational marginal prices (LMP) in electricity markets to heat systems may lead to revenue inadequate issues. The underlying reason for such a problem is that, unlike…

系统与控制 · 电气工程与系统科学 2022-08-18 Xinyi Yi , Ye Guo , Hongbin Sun

Efforts to utilize 100% renewable energy in community microgrids require new approaches to energy markets and transactions to efficiently address periods of scarce energy supply. In this paper we contribute to the promising approach of…

最优化与控制 · 数学 2021-12-23 Jonathan Lee , Rodrigo Henriquez-Auba , Bala Kameshwar Poolla , Duncan S. Callaway

The transition to renewable energy is driving the rise of distributed multi-energy systems, in which individual energy hubs and prosumers (e.g., homes, industrial campuses) generate, store, and trade energy. Economic Model Predictive…

系统与控制 · 电气工程与系统科学 2025-04-09 Varsha Behrunani , Cara Koepele , Jared Miller , Ahmed Aboudonia , Philipp Heer , Roy S. Smith , John Lygeros

This paper investigates effects of realistic, non-ideal, decisions of energy users as to whether to participate in an energy trading system proposed for demand-side management of a residential community. The energy trading system adopts a…

计算机科学与博弈论 · 计算机科学 2016-05-10 Chathurika P. Mediwaththe , David B. Smith

This paper studies a three party energy management problem in a user interactive smart community that consists of a large number of residential units (RUs) with distributed energy resources (DERs), a shared facility controller (SFC) and the…

系统与控制 · 计算机科学 2014-02-25 Wayes Tushar , Bo Chai , Chau Yuen , David B. Smith , H. Vincent Poor

Coordination of day-ahead and real-time electricity markets is imperative for cost-effective electricity supply and also to provide efficient incentives for the energy transition. Although stochastic market designs feature the least-cost…

系统与控制 · 电气工程与系统科学 2025-02-03 Dongwei Zhao , Stefanos Delikaraogloub , Vladimir Dvorkin Alberto J. Lamadrid L. , Audun Botterud

Heating, ventilating, and air-conditioning (HVAC) systems consume a large amount of energy in residential houses and buildings. Effective energy management of HVAC is a cost-effective way to improve energy efficiency and reduce the energy…

系统与控制 · 电气工程与系统科学 2021-06-01 Qing Yang , Hao Wang