Title
Online optimization for the smart (micro) grid
Abstract
Growing environmental awareness and new government directives have set the stage for an increase in the fraction of energy supplied using renewable resources. The fast variation in renewable power, coupled with uncertainty in availability, emphasizes the need for algorithms for intelligent online generation scheduling. These algorithms should allow us to compensate for the renewable resource when it is not available and should also account for physical generator constraints. We apply and extend recent work in the field of online optimization to the scheduling of generators in smart (micro) grids and derive bounds on the performance of asymptotically good algorithms in terms of the generator parameters. We also design online algorithms that intelligently leverage available information about the future, such as predictions of wind intensity, and show that they can be used to guarantee near optimal performance under mild assumptions. This allows us to quantify the benefits of resources spent on prediction technologies and different generation sources in the smart grid. Finally, we empirically show how both classes of online algorithms, (with or without the predictions of future availability) significantly outperform certain 'natural' algorithms.
Year
DOI
Venue
2012
10.1145/2208828.2208847
e-Energy
Keywords
Field
DocType
online algorithm,generator parameter,renewable resource,available information,different generation source,future availability,intelligent online generation scheduling,online optimization,renewable power,optimal performance,renewable resources,algorithm design and analysis,generators,cost function,prediction algorithms,renewable energy sources,economic dispatch,regret,convex optimization
Online algorithm,Economic dispatch,Mathematical optimization,Leverage (finance),Renewable energy,Algorithm design,Smart grid,Scheduling (computing),Renewable resource,Engineering,Distributed computing
Conference
Citations 
PageRank 
References 
19
1.25
11
Authors
3
Name
Order
Citations
PageRank
Balakrishnan Narayanaswamy19110.70
Vikas K. Garg28412.22
T. S. Jayram3137375.87