Title
Matching demand with supply in the smart grid using agent-based multiunit auction
Abstract
Recent work has suggested reducing electricity generation cost by cutting the peak to average ratio (PAR) without reducing the total amount of the loads. However, most of these proposals rely on consumer's willingness to act. In this paper, we propose an approach to cut PAR explicitly from the supply side. The resulting cut loads are then distributed among consumers by the means of a multiunit auction which is done by an intelligent agent on behalf of the consumer. This approach is also in line with the future vision of the smart grid to have the demand side matched with the supply side. Experiments suggest that our approach reduces overall system cost and gives benefit to both consumers and the energy provider.
Year
DOI
Venue
2013
10.1109/COMSNETS.2013.6465595
Communication Systems and Networks
Keywords
DocType
Volume
demand side management,power markets,smart power grids,agent-based multiunit auction,consumers,demand side,electricity generation cost,energy provider,peak to average ratio,smart grid,supply side
Conference
abs/1308.4761
ISSN
ISBN
Citations 
2013 Fifth International Conference on Communication Systems and Networks (COMSNETS), vol., no., pp.1,6, 7-10 Jan. 2013
978-1-4673-5329-8
13
PageRank 
References 
Authors
0.99
4
3
Name
Order
Citations
PageRank
Tri Kurniawan Wijaya114014.20
Kate Larson283685.65
Karl Aberer36459662.26