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

Cities and climate change: Strategic options for philanthropic support

Now, more than ever, cities are at the front lines of U.S. climate action. As national action stalls, there is still a daunting amount to be done in reducing human-generated climate emissions. Fortunately, this report comes in the wake of a groundswell of initiatives to engage on climate change by cities, countries, and states across the U.S. Several important and thorough reports on the types of mitigation actions cities can take have recently been released. We already have examples of cities taking significant leadership roles in reducing their own climate emissions, from New York and Boston to Austin, Boulder, and Los Angeles - yet U.S. climate emissions continue to rise, and cities have an outsized role to play. The purpose of this project is to review current U.S. city climate activities in order to identify areas where additional investment by foundations could help accelerate city action to reduce urban greenhouse gas emissions. The focus of the inquiry is on aggressive actions cities can take that significantly increase their “level of ambition” to achieve emissions reductions on an accelerated timetable. City strategies on climate adaptation are not encompassed in this project. [TRUNCATED

Smart Procurement Of Naturally Generated Energy (SPONGE) for PHEV's

In this paper we propose a new engine management system for hybrid vehicles to enable energy providers and car manufacturers to provide new services. Energy forecasts are used to collaboratively orchestrate the behaviour of engine management systems of a fleet of PHEV's to absorb oncoming energy in an smart manner. Cooperative algorithms are suggested to manage the energy absorption in an optimal manner for a fleet of vehicles, and the mobility simulator SUMO is used to show simple simulations to support the efficacy of the proposed idea.Comment: Updated typos with respect to previous versio