The objectives of this project are to develop (a) theory and method for planning hybrid (discrete, continuous) power system controllers, and (b) economic systems, applicable to power system energy markets, for incentivizing, recovering, and allocating costs of design and installation of such controllers. The paper reports on first year efforts which include (a) application of discrete-event sys...

Offshore wind offers a very large clean power resource, but electricity from the first US offshore wind contracts is costlier than current regional wholesale electricity prices. To better understand the factors that drive these costs, we develop a pro-forma cash flow model to calculate two results: the levelized cost of energy, and the breakeven price required for financial viability. We then d...

We propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex-ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a ...

We consider power control in multi-terminal networks and study its impact on secrecy capacities of transmitreceive pairs. Note that most approaches in the current literature on secrecy capacity consider only single terminals. Impact of power control on secrecy capacity has seldom been studied. This paper investigates a new approach using the theory of M−matrices to utility based power control w...

We consider the problem of pricing for bandwidth provisioning over a single link, where users arrive according to a known stochastic traffic model. The network administrator controls the resource allocation by setting a price at every epoch, and each user’s response to the price is governed by a demand function. We formulate this problem as a partially observable Markov decision process (POMDP)...

A major challenge in operation of wireless communications systems is the efficient use of radio resources. One important component of radio resource management is power control, which has been studied extensively in the context of voice communications. With increasing demand for wireless data services, it is necessary to establish power control algorithms for information sources other than voic...

with the development of deregulated power systems and increase of prices in some hours of day and increase fuel price, demand response programs were noticed more by customers. demand response consists of a series of activities that governments or utilities design to change the amount or time of electric energy consumption, to achieve better social welfare or some times for maximizing the benefi...