A dynamic pricing demand response algorithm for smart grid: Reinforcement learning approach

R Lu, SH Hong, X Zhang - Applied energy, 2018 - Elsevier
With the modern advanced information and communication technologies in smart grid
systems, demand response (DR) has become an effective method for improving grid …

An incentive-based demand response (DR) model considering composited DR resources

M Yu, SH Hong, Y Ding, X Ye - IEEE Transactions on Industrial …, 2018 - ieeexplore.ieee.org
Demand response (DR) has been recognized as a powerful tool to help mitigate power
imbalances in a future smart energy system. This paper takes the point of view of a grid …

A stochastic MPC based approach to integrated energy management in microgrids

Y Zhang, F Meng, R Wang, W Zhu, XJ Zeng - Sustainable cities and society, 2018 - Elsevier
In this paper, a stochastic model predictive control (SMPC) approach to integrated energy
(load and generation) management is proposed for a microgrid with the penetration of …

A novel behavioral real time pricing scheme for the active energy consumers' participation in emerging flexibility markets

K Steriotis, G Tsaousoglou, N Efthymiopoulos… - … Energy, Grids and …, 2018 - Elsevier
Liberalized electricity markets, smart grids and high penetration of Renewable Energy
Sources necessitate the development of novel pricing schemes able to manage energy …

Optimal retail pricing for demand response of HVAC systems in commercial buildings considering distribution network voltages

AY Yoon, YJ Kim, SI Moon - IEEE Transactions on Smart Grid, 2018 - ieeexplore.ieee.org
Retail pricing can be well deployed with support of distribution companies (DISCOs) to
promote demand response (DR) programs using heating, ventilating, and air-conditioning …

An integrated optimization+ learning approach to optimal dynamic pricing for the retailer with multi-type customers in smart grids

F Meng, XJ Zeng, Y Zhang, CJ Dent, D Gong - Information Sciences, 2018 - Elsevier
In this paper, we consider a realistic and meaningful scenario in the context of smart grids
where an electricity retailer serves three different types of customers, ie, customers with an …

Optimizing residential heating and energy storage flexibility for frequency reserves

O Kilkki, I Seilonen, K Zenger, V Vyatkin - International Journal of Electrical …, 2018 - Elsevier
The increase in intermittent renewable generation motivates participation of also the
electricity consumers in maintaining the production–consumption balance of the electrical …

Optimal dynamic pricing for smart grid having mixed customers with and without smart meters

Q Ma, F Meng, XJ Zeng - … of Modern Power Systems and Clean …, 2018 - ieeexplore.ieee.org
This paper investigates an optimal day-ahead dynamic pricing problem in an electricity
market with one electricity retailer and multiple customers. The main objective of this paper …

Understanding price functions to control domestic electric water heaters for demand response: A bilevel approach to adapt power consumption to availabilty

T Lübkert, M Venzke, NV Vo, V Turau - Computer Science-Research and …, 2018 - Springer
A well-known mechanism for demand response is sending price signals to customers a day
ahead. Customers then postpone or advance their usage of electricity to minimize cost …

Incentive‐based RTP model for balanced and cost‐effective smart grid

H Seok, SP Kim - IET Generation, Transmission & Distribution, 2018 - Wiley Online Library
The authors propose an intelligent real‐time pricing (RTP)‐based energy consumption
scheduling model, which is especially applicable to more active and balanced demand …