Demand-side management for smart grid via diffusion adaptation

This study presents a novel fully distributed and cooperative demand side management framework based on adaptive diffusion strategy. In this approach, each customer autonomously and without any need for the global information, minimises his incommodity function. The proposed framework has ability to...

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Bibliographic Details
Published in:IET Smart Grid
Main Authors: Milad Latifi, Azam Khalili, Amir Rastegarnia, Wael M. Bazzi, Saeid Sanei
Format: Article
Language:English
Published: Wiley 2019-10-01
Subjects:
power markets
pricing
optimisation
smart power grids
demand side management
game theory
demand-side management
diffusion adaptation
fully distributed demand side management framework
cooperative demand side management framework
adaptive diffusion strategy
global information
customer preferences
rapidly changing price parameter
wholesale market
individual utility functions
smart grid total payment
maximisation
social welfare
total energy demand
Online Access:https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2018.0271

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https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2018.0271

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