By Topic

Optimal real-time pricing under load uncertainty based on utility maximization for smart grid

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$33 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

1 Author(s)
Poramate Tarasak ; Institute for Infocomm Research, Agency for Science Technology and Research (A*STAR), 1 Fusionopolis Way, #21-01 Connexis, Singapore 138632

Implementation of real-time communication systems enables real-time pricing for smart grid operation. Recently, [1] proposed a utility framework and a distributed algorithm for real-time pricing. We extend this work to include the effect from load uncertainty. We derive the optimal prices under different types of load uncertainty and show how it influences power consumption and generating capacity. Simulation results indicate power consumption back-offs when there is load uncertainty and provide comparisons among the load uncertainty models.

Published in:

Smart Grid Communications (SmartGridComm), 2011 IEEE International Conference on

Date of Conference:

17-20 Oct. 2011