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SCIE Article [Excluded]A Real-Time Demand-Response Algorithm for Smart Grids: A Stackelberg Game Approach |
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Author | Yu, M; Hong, SH |
Corresponding Author Info | Prof. Hong, Seung HO |
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shhong@hanyang.ac.kr | |
Document Type | |
Source | IEEE TRANSACTIONS ON SMART GRID 2016, 7, 879-888 |
Times Cited | Excluded |
External Information | https://ieeexplore.ieee.org/document/7073650 |
Abstract | - 7¿ù/8¿ù 2020ºÎ·Î, ÀÌ ÀÎ¿ë ºóµµ°¡ ³ôÀº ³í¹®ÀÇ Àοë Ƚ¼ö°¡ ºÐ¾ß¿Í ÃâÆÇ ¿¬µµ¿¡ ´ëÇØ Engineering °ü·Ã Çмú ºÐ¾ß¿¡¼ »óÀ§ 1%¿¡ ¿Ã¶ú½À´Ï´Ù.
- MAR 2016 <Abstract> This paper proposes a real-time price (RTP)-based demand-response (DR) algorithm for achieving optimal load control of devices in a facility by forming a virtual electricity-trading process, where the energy management center of the facility is the virtual retailer (leader) offering virtual retail prices, from which devices (followers) are supposed to purchase energy. A one-leader, N-follower Stackelberg game is formulated to capture the interactions between them, and optimization problems are formed for each player to help in selecting the optimal strategy. The existence of a unique Stackelberg equilibrium that provides optimal energy demands for each device was demonstrated. The simulation analysis showed that the Stackelberg game-based DR algorithm is effective for achieving the optimal load control of devices in response to RTP changes with a trivial computation burden. |
Web of Science Categories | Engineering |
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