An Online Convex Optimization Approach to Real-Time Energy Pricing for Demand Response
نویسندگان
چکیده
منابع مشابه
An online learning approach to dynamic pricing for demand response
In this paper, the problem of optimal dynamic pricing for retail electricity with an unknown demand model is considered. Under the day-ahead dynamic pricing (a.k.a. real time pricing) mechanism, a retailer obtains electricity in a twosettlement wholesale market and serves its customers in real time. Without knowledge on the aggregated demand function of its customers, the retailer aims to maxim...
متن کاملTime Series Clustering for Demand Response An Online Algorithmic Approach
The widespread monitoring of electricity consumption due to increasingly pervasive deployment of networked sensors in urban environments has resulted in an unprecedentedly large volume of data being collected. To improve sustainability in Smart Grids, realtime data analytics challenges induced by high volume and high dimensional context-based data need to be addressed. Particularly, with the em...
متن کاملReal-Time Convex Optimization
This chapter concerns the use of convex optimization in real-time embedded systems, in areas such as signal processing, automatic control, real-time estimation , real-time resource allocation and decision making, and fast automated trading. By 'embedded' we mean that the optimization algorithm is part of a larger, fully automated system, that executes automatically with newly arriving data or c...
متن کاملAn Online Convex Optimization Approach to Blackwell's Approachability
The notion of approachability in repeated games with vector payoffs was introduced by Blackwell in the 1950s, along with geometric conditions for approachability and corresponding strategies that rely on computing steering directions as projections from the current average payoff vector to the (convex) target set. Recently, Abernethy, Batlett and Hazan (2011) proposed a class of approachability...
متن کاملValuing flexibility in demand-side response: A real options approach
The investment interests in the electricity industry are transmitted through various mechanisms to other economic activities. This paper considers methods for esteeming the adaptability of demand-side response (DSR) in its capacity to react to future uncertainties. The capacity to evaluate this adaptability is particularly critical for vitality frameworks speculations given their extensive and ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IEEE Transactions on Smart Grid
سال: 2017
ISSN: 1949-3053,1949-3061
DOI: 10.1109/tsg.2016.2539948