Dynamic Policies for Cooperative Networked Systems

A set of economic entities embedded in a network graph collaborate by opportunistically exchanging their resources to satisfy their dynamically generated needs. Under what conditions their collaboration leads to a sustainable economy? Which online policy can ensure a feasible resource exchange point will be attained, and what information is needed to implement it? Furthermore, assuming there are different resources and the entities have diverse production capabilities, which production policy each entity should employ in order to maximize the economy's sustainability? Importantly, can we design such policies that are also incentive compatible even when there is no a priori information about the entities' needs? We introduce a dynamic production scheduling and resource exchange model to capture this fundamental problem and provide answers to the above questions. Applications range from infrastructure sharing, trade and organisation management, to social networks and sharing economy services.Comment: 6-page version appeared at ACM NetEcon' 1

Optimized Solar Photovoltaic Generation in a Real Local Distribution Network

Remarkable penetration of renewable energy in electric networks, despite its valuable opportunities, such as power loss reduction and loadability improvements, has raised concerns for system operators. Such huge penetration can lead to a violation of the grid requirements, such as voltage and current limits and reverse power flow. Optimal placement and sizing of Distributed Generation (DG) are one of the best ways to strengthen the efficiency of the power systems. This paper builds a simulation model for the local distribution network based on obtained load profiles, GIS information, solar insolation, feeder and voltage settings, and define the optimization problem of solar PVDG installation to determine the optimal siting and sizing for different penetration levels with different objective functions. The objective functions include voltage profile improvement and energy loss minimization and the considered constraints include the physical distribution network constraints (AC power flow), the PV capacity constraint, and the voltage and reverse power flow constraints.Comment: To be published (Accepted) in: Proceedings of the IEEE PES Innovative Smart Grid Technologies Conference (ISGT), Washington D.C., USA, 201

Global supply chains of high value low volume products

Imperial Users onl