Abstract:One achievement in smart grids is the construction of smart cities. In this kind of city houses are equipped with smart meters that can record electric energy as well as transmit and accept data regarding energy utilization and prices to consumers. Additionally, new methods, known as real-time pricing of electricity, have been introduced in which energy prices change based on an hourly timeline and depend on consumers’ energy requests. Due to the production of electricity by PV panels, a smart grid will share … Show more
“…In order to fully use the advantages of the B-RAN, such as improved network accessibility, less congestion, and minimal latency, a strong incentive mechanism is crucial [2]. This requires establishing agreements between the providers for mutually beneficial financial incentives [3]. In this work, we introduce the Smart Pricing Policies (SPP) module, a customized solution designed to tackle this challenge, suggesting an adaptable framework.…”
In this paper, we present our work on developing a Smart Pricing Policies module specifically designed for individual users and Mobile Network Operators (MNOs). Our framework will operate in a multi-MNO blockchain radio access network (B-RAN) and is tasked with determining prices for resource sharing among users and MNOs. Our sophisticated adaptive pricing system can adjust to situations where User Equipment (UE) shifts out of the coverage area of their MNO by immediately sealing a contract with a different MNO to cover the users’ needs. This way, we aim to provide financial incentives to MNOs while ensuring continuous network optimization for all parties involved. Our system accomplishes that by utilizing deep reinforcement learning (DLR) to implement a reverse auction model. In our reinforcement learning scenario, the MNOs, acting as agents, enter a competition and try to bid the most appealing price based on the user’s request, and based on the reward system, agents that do not win in the current round will adjust their strategies in an attempt to secure a win in subsequent rounds. The findings indicated that combining DRL with reverse auction theory offers a more appropriate method for addressing the pricing and bid challenges, and additionally, administrators can utilize this strategy to gain a notable edge by dynamically selecting and adjusting their methods according to the individual network conditions and requirements.
“…In order to fully use the advantages of the B-RAN, such as improved network accessibility, less congestion, and minimal latency, a strong incentive mechanism is crucial [2]. This requires establishing agreements between the providers for mutually beneficial financial incentives [3]. In this work, we introduce the Smart Pricing Policies (SPP) module, a customized solution designed to tackle this challenge, suggesting an adaptable framework.…”
In this paper, we present our work on developing a Smart Pricing Policies module specifically designed for individual users and Mobile Network Operators (MNOs). Our framework will operate in a multi-MNO blockchain radio access network (B-RAN) and is tasked with determining prices for resource sharing among users and MNOs. Our sophisticated adaptive pricing system can adjust to situations where User Equipment (UE) shifts out of the coverage area of their MNO by immediately sealing a contract with a different MNO to cover the users’ needs. This way, we aim to provide financial incentives to MNOs while ensuring continuous network optimization for all parties involved. Our system accomplishes that by utilizing deep reinforcement learning (DLR) to implement a reverse auction model. In our reinforcement learning scenario, the MNOs, acting as agents, enter a competition and try to bid the most appealing price based on the user’s request, and based on the reward system, agents that do not win in the current round will adjust their strategies in an attempt to secure a win in subsequent rounds. The findings indicated that combining DRL with reverse auction theory offers a more appropriate method for addressing the pricing and bid challenges, and additionally, administrators can utilize this strategy to gain a notable edge by dynamically selecting and adjusting their methods according to the individual network conditions and requirements.
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