14,073 research outputs found
Transforming Energy Networks via Peer to Peer Energy Trading: Potential of Game Theoretic Approaches
Peer-to-peer (P2P) energy trading has emerged as a next-generation energy
management mechanism for the smart grid that enables each prosumer of the
network to participate in energy trading with one another and the grid. This
poses a significant challenge in terms of modeling the decision-making process
of each participant with conflicting interest and motivating prosumers to
participate in energy trading and to cooperate, if necessary, for achieving
different energy management goals. Therefore, such decision-making process
needs to be built on solid mathematical and signal processing tools that can
ensure an efficient operation of the smart grid. This paper provides an
overview of the use of game theoretic approaches for P2P energy trading as a
feasible and effective means of energy management. As such, we discuss various
games and auction theoretic approaches by following a systematic classification
to provide information on the importance of game theory for smart energy
research. Then, the paper focuses on the P2P energy trading describing its key
features and giving an introduction to an existing P2P testbed. Further, the
paper zooms into the detail of some specific game and auction theoretic models
that have recently been used in P2P energy trading and discusses some important
finding of these schemes.Comment: 38 pages, single column, double spac
Smart Grid for the Smart City
Modern cities are embracing cutting-edge technologies to improve the services they offer to the citizens from traffic control to the reduction of greenhouse gases and energy provisioning. In this chapter, we look at the energy sector advocating how Information and Communication Technologies (ICT) and signal processing techniques can be integrated into next generation power grids for an increased effectiveness in terms of: electrical stability, distribution, improved communication security, energy production, and utilization. In particular, we deliberate about the use of these techniques within new demand response paradigms, where communities of prosumers (e.g., households, generating part of their electricity consumption) contribute to the satisfaction of the energy demand through load balancing and peak shaving. Our discussion also covers the use of big data analytics for demand response and serious games as a tool to promote energy-efficient behaviors from end users
Bad Data Injection Attack and Defense in Electricity Market using Game Theory Study
Applications of cyber technologies improve the quality of monitoring and
decision making in smart grid. These cyber technologies are vulnerable to
malicious attacks, and compromising them can have serious technical and
economical problems. This paper specifies the effect of compromising each
measurement on the price of electricity, so that the attacker is able to change
the prices in the desired direction (increasing or decreasing). Attacking and
defending all measurements are impossible for the attacker and defender,
respectively. This situation is modeled as a zero sum game between the attacker
and defender. The game defines the proportion of times that the attacker and
defender like to attack and defend different measurements, respectively. From
the simulation results based on the PJM 5 Bus test system, we can show the
effectiveness and properties of the studied game.Comment: To appear in IEEE Transactions on Smart Grid, Special Issue on Cyber,
Physical, and System Security for Smart Gri
Smart Microgrids: Overview and Outlook
The idea of changing our energy system from a hierarchical design into a set
of nearly independent microgrids becomes feasible with the availability of
small renewable energy generators. The smart microgrid concept comes with
several challenges in research and engineering targeting load balancing,
pricing, consumer integration and home automation. In this paper we first
provide an overview on these challenges and present approaches that target the
problems identified. While there exist promising algorithms for the particular
field, we see a missing integration which specifically targets smart
microgrids. Therefore, we propose an architecture that integrates the presented
approaches and defines interfaces between the identified components such as
generators, storage, smart and \dq{dumb} devices.Comment: presented at the GI Informatik 2012, Braunschweig Germany, Smart Grid
Worksho
Cooperative Energy Trading in CoMP Systems Powered by Smart Grids
This paper studies the energy management in the coordinated multi-point
(CoMP) systems powered by smart grids, where each base station (BS) with local
renewable energy generation is allowed to implement the two-way energy trading
with the grid. Due to the uneven renewable energy supply and communication
energy demand over distributed BSs as well as the difference in the prices for
their buying/selling energy from/to the gird, it is beneficial for the
cooperative BSs to jointly manage their energy trading with the grid and energy
consumption in CoMP based communication for reducing the total energy cost.
Specifically, we consider the downlink transmission in one CoMP cluster by
jointly optimizing the BSs' purchased/sold energy units from/to the grid and
their cooperative transmit precoding, so as to minimize the total energy cost
subject to the given quality of service (QoS) constraints for the users. First,
we obtain the optimal solution to this problem by developing an algorithm based
on techniques from convex optimization and the uplink-downlink duality. Next,
we propose a sub-optimal solution of lower complexity than the optimal
solution, where zero-forcing (ZF) based precoding is implemented at the BSs.
Finally, through extensive simulations, we show the performance gain achieved
by our proposed joint energy trading and communication cooperation schemes in
terms of energy cost reduction, as compared to conventional schemes that
separately design communication cooperation and energy trading
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