4 research outputs found
Optimal Electricity Pricing for Societal Infrastructure Systems
We develop a general framework for pricing electricity in order to optimally manage the electricity load of societal infrastructures that interact with power systems through their price-responsive electricity load. In such infrastructure systems, electricity is not the sole resource needed to serve users\u27 needs. Examples include cloud computing infrastructure or electric transportation networks. In these cases, other shared networked resources such as charging stations or communication links and data centers are also required to serve users. Hence, pricing of electricity becomes intertwined to managing other congestible resources not priced by the power system operator, leading to a complex economic dispatch problem. For brevity of notation, our analysis is performed under a static setting. We discuss how the power system operator should model the effects of the mobility of loads and congestion in the infrastructure in the economic dispatch. We numerically study the performance of our algorithms using the example of a simple electric transportation network
On the interaction between Autonomous Mobility-on-Demand systems and the power network: models and coordination algorithms
We study the interaction between a fleet of electric, self-driving vehicles
servicing on-demand transportation requests (referred to as Autonomous
Mobility-on-Demand, or AMoD, system) and the electric power network. We propose
a model that captures the coupling between the two systems stemming from the
vehicles' charging requirements and captures time-varying customer demand and
power generation costs, road congestion, battery depreciation, and power
transmission and distribution constraints. We then leverage the model to
jointly optimize the operation of both systems. We devise an algorithmic
procedure to losslessly reduce the problem size by bundling customer requests,
allowing it to be efficiently solved by off-the-shelf linear programming
solvers. Next, we show that the socially optimal solution to the joint problem
can be enforced as a general equilibrium, and we provide a dual decomposition
algorithm that allows self-interested agents to compute the market clearing
prices without sharing private information. We assess the performance of the
mode by studying a hypothetical AMoD system in Dallas-Fort Worth and its impact
on the Texas power network. Lack of coordination between the AMoD system and
the power network can cause a 4.4% increase in the price of electricity in
Dallas-Fort Worth; conversely, coordination between the AMoD system and the
power network could reduce electricity expenditure compared to the case where
no cars are present (despite the increased demand for electricity) and yield
savings of up $147M/year. Finally, we provide a receding-horizon implementation
and assess its performance with agent-based simulations. Collectively, the
results of this paper provide a first-of-a-kind characterization of the
interaction between electric-powered AMoD systems and the power network, and
shed additional light on the economic and societal value of AMoD.Comment: Extended version of the paper presented at Robotics: Science and
Systems XIV, in prep. for journal submission. In V3, we add a proof that the
socially-optimal solution can be enforced as a general equilibrium, a
privacy-preserving distributed optimization algorithm, a description of the
receding-horizon implementation and additional numerical results, and proofs
of all theorem
On the interaction between Autonomous Mobility-on-Demand systems and the power network: models and coordination algorithms
We study the interaction between a fleet of electric, self-driving vehicles
servicing on-demand transportation requests (referred to as Autonomous
Mobility-on-Demand, or AMoD, system) and the electric power network. We propose
a model that captures the coupling between the two systems stemming from the
vehicles' charging requirements and captures time-varying customer demand and
power generation costs, road congestion, battery depreciation, and power
transmission and distribution constraints. We then leverage the model to
jointly optimize the operation of both systems. We devise an algorithmic
procedure to losslessly reduce the problem size by bundling customer requests,
allowing it to be efficiently solved by off-the-shelf linear programming
solvers. Next, we show that the socially optimal solution to the joint problem
can be enforced as a general equilibrium, and we provide a dual decomposition
algorithm that allows self-interested agents to compute the market clearing
prices without sharing private information. We assess the performance of the
mode by studying a hypothetical AMoD system in Dallas-Fort Worth and its impact
on the Texas power network. Lack of coordination between the AMoD system and
the power network can cause a 4.4% increase in the price of electricity in
Dallas-Fort Worth; conversely, coordination between the AMoD system and the
power network could reduce electricity expenditure compared to the case where
no cars are present (despite the increased demand for electricity) and yield
savings of up $147M/year. Finally, we provide a receding-horizon implementation
and assess its performance with agent-based simulations. Collectively, the
results of this paper provide a first-of-a-kind characterization of the
interaction between electric-powered AMoD systems and the power network, and
shed additional light on the economic and societal value of AMoD.Comment: Extended version of the paper presented at Robotics: Science and
Systems XIV and accepted by TCNS. In Version 4, the body of the paper is
largely rewritten for clarity and consistency, and new numerical simulations
are presented. All source code is available (MIT) at
https://dx.doi.org/10.5281/zenodo.324165