DEMAND-SIDE MANAGEMENT IN TERRITORIAL ENTITIES BASED ON THEIR VOLATILITY TRENDS

Foresighted Demand Side Management

We consider a smart grid with an independent system operator (ISO), and distributed aggregators who have energy storage and purchase energy from the ISO to serve its customers. All the entities in the system are foresighted: each aggregator seeks to minimize its own long-term payments for energy purchase and operational costs of energy storage by deciding how much energy to buy from the ISO, an...

Selected Topics on Demand Side Management

Stigmergy-based Load Scheduling in a Demand Side Management Context

The share of renewable energy sources (RES) generation is expected to grow dramatically in the following decades. This raises challenges for the power grid stability. Due to the intermittent and uncertain characteristics of these energy sources, it is desirable that they are utilized as they become available. In this context, new intelligent households can provide load flexibility to support de...

Cooperatives for Demand Side Management

We propose a new scheme for efficient demand side management for the Smart Grid. Specifically, we envisage and promote the formation of cooperatives of medium-large consumers and equip them (via our proposed mechanisms) with the capability of regularly participating in the existing electricity markets by providing electricity demand reduction services to the Grid. Based on mechanism design prin...

Optimal Operation of Microgrids Under Demand Side Management

One of the major problem in the optimal operation of the power system is optimal operation of microgrid with regard to the Demand-side-management. From one side, demand-side-management programs  reduce the operating costs of the power system and on the other hand, the implementation of these programs requires a financial incentive policies. In this paper, optimal operation of microgrid with dem...