Search results for "Dynamic demand"
showing 7 items of 7 documents
Crowd-Averse Robust Mean-Field Games: Approximation via State Space Extension
2016
We consider a population of dynamic agents, also referred to as players. The state of each player evolves according to a linear stochastic differential equation driven by a Brownian motion and under the influence of a control and an adversarial disturbance. Every player minimizes a cost functional which involves quadratic terms on state and control plus a cross-coupling mean-field term measuring the congestion resulting from the collective behavior, which motivates the term “crowd-averse.” Motivations for this model are analyzed and discussed in three main contexts: a stock market application, a production engineering example, and a dynamic demand management problem in power systems. For th…
Schedule-Based Integrated Intercity Bus Line Planning via Branch-and-Cut
2018
This work addresses integrated line planning for intercity bus lines, which differs in several respects from line planning in public transit. Passengers in intercity transportation decide on specific timetabled services to get to their destination. This is a contrast to an urban setting with higher frequencies, where it is generally sufficient to choose a line. Furthermore, intercity bus transportation in deregulated markets is usually characterized by fierce competition within and across modes. Customers are highly sensitive to price, time of day, duration, convenient access to stations, and service quality. Hence, bus line operators need to decide thoroughly on every single timetabled se…
Integration of distributed energy systems in micro-grid architecture for making a virtual power plant
2015
This paper presents a novel concept for increasing the penetration level of distributed renewable energy systems into the main electricity grid. When increasing the renewable energy penetration, it is important to implement the frequency based power delivery in distributed generators and work as traditional synchronous generators. This can be achieved by improving the power processing unit of each renewable generation units to work as active generators. But in existing grid architecture, the grid frequency is controlled as one common variable over the electricity grid. With such a method, it is difficult to use frequency based power sharing in small distributed generators and participate in…
A New Method for the Price Determination of the Reactive Power Supply
2006
This paper addresses the development of an accurate model for the pricing of reactive power supply as an ancillary service. Reactive power supply is one of the most important ancillary services in the field of transmission systems security. The present work is focused on building a reactive power market at which the Distributors can also take part in injecting reactive power at the connected HV/MV nodes. The authors have studied the particular case of the reactive power supplied by sub-transmission or distribution networks, connected to the nodes of the transmission system. The aim of this work is to establish a reactive power price by crossing demand and offer curves.
Mean-field games and dynamic demand management in power grids
2013
This paper applies mean-field game theory to dynamic demand management. For a large population of electrical heating or cooling appliances (called agents), we provide a mean-field game that guarantees desynchronization of the agents thus improving the power network resilience. Second, for the game at hand, we exhibit a mean-field equilibrium, where each agent adopts a bang-bang switching control with threshold placed at a nominal temperature. At equilibrium, through an opportune design of the terminal penalty, the switching control regulates the mean temperature (computed over the population) and the mains frequency around the nominal value. To overcome Zeno phenomena we also adjust the ban…
Dynamic Demand and Mean-Field Games
2017
Within the realm of smart buildings and smart cities,\ud dynamic response management is playing an ever-increasing\ud role thus attracting the attention of scientists from different\ud disciplines. Dynamic demand response management involves a\ud set of operations aiming at decentralizing the control of loads\ud in large and complex power networks. Each single appliance\ud is fully responsive and readjusts its energy demand to the\ud overall network load. A main issue is related to mains frequency\ud oscillations resulting from an unbalance between supply and\ud demand. In a nutshell, this paper contributes to the topic by\ud equipping each signal consumer with strategic insight. In particu…
A study on the assessment of the production costs curves in micro-grids
2013
In micro-grids, due to their small scale, there is commonly only one power supplier. A competitive wholesale market hardly exists, so the question about how to consider market issues for small producers within micro-grids arises. On the other hand, the specific features of micro-grids where load and generated power hardly find a balance, require that customers take part to regulation issues, also using demand-response (DR) programs. In this paper, price responsive (PR) policies and their programs are discussed to answer this question. A case study of a micro-grid with one micro-turbine and two photovoltaic (PV) generators is analyzed to assess the overall production cost in order to build a…