Sustainable microgrid design considering blockchain technology for real-time price-based demand response programs

2021 ◽  
Vol 125 ◽  
pp. 106418
Author(s):  
Yu-Chung Tsao ◽  
Vo-Van Thanh ◽  
Qiuwei Wu
Keyword(s):  
Real Time ◽  
Demand Response ◽  
Blockchain Technology ◽  
Time Price ◽  
Demand Response Programs ◽  
Microgrid Design

Real-time price-based demand response model for combined heat and power systems

Energy ◽  
2019 ◽  
Vol 168 ◽  
pp. 1119-1127 ◽  
Author(s):  
Manijeh Alipour ◽  
Kazem Zare ◽  
Heresh Seyedi ◽  
Mehdi Jalali
Keyword(s):  
Power Systems ◽  
Real Time ◽  
Demand Response ◽  
Combined Heat And Power ◽  
Response Model ◽  
Time Price

A Real Time Price Based Demand-Response Algorithm for Smart Grids

2019 ◽  
Vol 20 (4) ◽  
Author(s):  
Pravat Kumar Ray ◽  
Valiveti Sai Rama Nikhil
Keyword(s):  
Real Time ◽  
Demand Response ◽  
Optimal Strategy ◽  
Smart Grids ◽  
Optimization Problems ◽  
Stackelberg Game ◽  
Stackelberg Equilibrium ◽  
Electricity Trading ◽  
Retail Prices ◽  
Time Price

Abstract Real time Demand-Response algorithm is a real time price (RTP) based demand response (DR) algorithm which helps in obtaining optimal control of load devices in a facility. We form a virtual electricity trading process, where energy management center (EMC) calculates the virtual retail prices and allots to each device, from which devices purchases energy. Here EMC acts as the leader and devices in the facility are followers. So the Stackelberg game between one-leader and M-followers is formulated to extract interactions between them, and optimization problems are formed for each player of the game to assist in finding the optimal strategy. We also demonstrated the unique Stackelberg equilibrium of the Stackelberg game which gives the optimal strategy or optimal energy demands for each device. The results of the simulation showed that Stackelberg game based DR algorithm is successful to get the optimal load control of device at all RTP throughout the day.

scholarly journals A new thermostat for real-time price demand response: Cost, comfort and energy impacts of discrete-time control without deadband

2015 ◽  
Vol 155 ◽  
pp. 816-825 ◽  
Author(s):  
David P. Chassin ◽  
Jakob Stoustrup ◽  
Panajotis Agathoklis ◽  
Nedjib Djilali
Keyword(s):  
Real Time ◽  
Discrete Time ◽  
Demand Response ◽  
Response Cost ◽  
Time Control ◽  
Time Price ◽  
Price Demand
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