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With more wind power permeating into the power grid, one of the issues caused by its random output is the fluctuation of locational marginal price (LMP) which is also affected by the fluctuation of system load. However, the fluctuation of electricity price will affect many aspects of the national economy. In order to cope with this issue, a demand response (DR) allocation mechanism is presented in...
The smart grid initiative and the market operations drive into the new concept of control able loads. This particular Paper presents a smart scheduling device of an air conditioner which demonstrates the general architecture along with practical implementation of the hardware that could be use to schedule the air condition based on real time price and temperature in order to reduce the cost of electricity...
In enterprise microgrid such as steel plants, the self-generating output is not equal to the electricity load because of the electricity load uncertainty and the self-generation power plant's limits. In order to decrease the unbalance punishment cost caused by the non-equality, electricity self-balancing multi-levels model in which load uncertainty is described by a certain interval and the objective...
This paper focuses on an internal pricing mechanism that enables the energy management sector of an industrial enterprise to offer internal price signals to guide the power consumption of units, thereby reducing the total electricity cost of the enterprise by encouraging units to save their internal electricity fees. The proposed mechanism allows the energy management to control the loads through...
Demand response behaviors of retailers are very important for dynamic pricing mechanism design and analysis. This paper presents a multi-agent system to simulate the household response to dynamic pricing. In each household, the best activities under real time pricing for every major electricity devices with their own characteristics and flexibilities are formulated as mixed integrated linear programming...
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