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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…

计算机科学与博弈论 · 计算机科学 2022-06-29 Yue Chen , Changhong Zhao , Steven H. Low , Adam Wierman

We propose a decentralized market model in which agents can negotiate bilateral contracts. This builds on a similar, but centralized, model of trading networks introduced by Hatfield et al. in 2013. Prior work has established that…

计算机科学与博弈论 · 计算机科学 2025-01-29 Edwin Lock , Benjamin Patrick Evans , Eleonora Kreacic , Sujay Bhatt , Alec Koppel , Sumitra Ganesh , Paul W. Goldberg

The sharing of scarce resources among multiple rational agents is one of the classical problems in economics. In exchange economies, which are used to model such situations, agents begin with an initial endowment of resources and exchange…

机器学习 · 计算机科学 2022-02-23 Wenshuo Guo , Kirthevasan Kandasamy , Joseph E Gonzalez , Michael I. Jordan , Ion Stoica

We consider the use of pricing as a regulatory mechanism when an unknown number of autonomous agents compete for access to a shared resource (possibly limited in volume or capacity). In standard dynamic pricing control systems, an…

This paper investigates the problem of proportionally fair double sided energy auction involving buying and selling agents. The grid is assumed to be operating under islanded mode. A distributed auction algorithm that can be implemented by…

计算机科学与博弈论 · 计算机科学 2016-05-24 M. Nazif Faqiry , Sanjoy Das

The growing electricity demand and use of smart appliances are placing pressure on power grids, making efficient energy management more important than ever. The existing energy management systems often prioritize system efficiency (balanced…

多智能体系统 · 计算机科学 2026-02-05 Rabiya Khalid , Evangelos Pournaras

A central challenge in using price signals to coordinate the electricity consumption of a group of users is the operator's lack of knowledge of the users due to privacy concerns. In this paper, we develop a two-time-scale incentive…

计算机科学与博弈论 · 计算机科学 2024-04-01 Jiayi Li , Matthew Motoki , Baosen Zhang

Electric vehicle charging and geo-distributed datacenters introduce spatially flexible loads (FLs) that couple power, transportation, and datacenter networks. These couplings create a closed-loop feedback between locational marginal prices…

系统与控制 · 电气工程与系统科学 2026-02-10 Nan Gu , Junjie Qin

Decarbonizing electric grids is a crucial global endeavor in the pursuit of carbon neutrality. Taking carbon emissions from generation into account when pricing electricity usage is an essential way to achieve this goal. However, such…

最优化与控制 · 数学 2024-04-19 Yue Chen , Changhong Zhao

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

A smart grid connects wind or solar or storage farms, fossil fuel plants, industrialor commercial loads, or load serving entities, modeled as stochastic dynamical systems. In each time period, they consume or supply electrical energy, with…

最优化与控制 · 数学 2016-06-30 Rahul Singh , P. R. Kumar , Le Xie

Coordination of distributed energy resources is critical for electricity grid management. Although nodal pricing schemes can mitigate congestion and voltage deviations, the resulting prices are not necessarily equitable. In this work, we…

最优化与控制 · 数学 2023-12-15 Emmanuel Balogun , Sonia Martin , Anthony Degleris , Ram Rajagopal

With the increased level of distributed generation and demand response comes the need for associated mechanisms that can perform well in the face of increasingly complex deregulated energy market structures. Using Lagrangian duality theory,…

最优化与控制 · 数学 2016-03-24 Erik Miehling , Demosthenis Teneketzis

In the electricity market, it is quite common that the market participants make "selfish" strategies to harvest the maximum profits for themselves, which may cause the social benefit loss and impair the sustainability of the society in the…

系统与控制 · 电气工程与系统科学 2022-05-31 Jianzheng Wang , Yipeng Pang , Guoqiang Hu

The recent widespread adoption of rooftop solar backed by battery storage is enabling energy customers to both produce and consume electricity (i.e., prosumers of electricity). To facilitate prosumer participation in the electric grid, new…

系统与控制 · 电气工程与系统科学 2025-06-25 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Guodong Shi , Duncan S. Callaway , Elizabeth L. Ratnam

Due to the growing concerns for sustainable development, supply chains seek to invest in social sustainability issues to seize more market share in today's competitive business environment. This study aims to develop a coordination scheme…

最优化与控制 · 数学 2023-01-18 Mahdi Ebrahimzadeh-Afrouzi , Masoud Asadpour Ahmadchali

This paper presented insights into the implementation of transactive multi-agent systems over flow networks where local resources are decentralized. Agents have local resource demand and supply, and are interconnected through a flow network…

多智能体系统 · 计算机科学 2023-10-11 Yijun Chen , Zeinab Salehi , Elizabeth L. Ratnam , Ian R. Petersen , Guodong Shi

In this paper, we consider microgrids that interconnect prosumers with distributed energy resources and dynamic loads. Prosumers are connected through the microgrid to trade energy and gain profit while respecting the network constraints.…

系统与控制 · 电气工程与系统科学 2024-02-07 Zeinab Salehi , Yijun Chen , Ian R. Petersen , Elizabeth L. Ratnam , Guodong Shi

Grid edge resources refer to distributed energy resources (DERs) located on the consumer side of the electrical grid, controlled by consumers rather than utility companies. Integrating DERs with real-time electricity pricing can better…

系统与控制 · 电气工程与系统科学 2025-03-12 Chen Feng , Andrew L. Liu

Under transactive (market-based) coordination, a population of distributed energy resources (DERs), such as thermostatically controlled loads (TCLs) and storage devices, bid into an energy market. Consequently, a certain level of demand…

系统与控制 · 计算机科学 2018-10-04 Md Salman Nazir , Ian A. Hiskens
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