2015
DOI: 10.1109/tie.2014.2371780
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Electricity Cost Minimization for a Microgrid With Distributed Energy Resource Under Different Information Availability

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Cited by 134 publications
(50 citation statements)
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“…It is used for the computation of incentives and pricing in communication networks and has been previously used for incentive design for participatory sensing [26] (though not reward computation). It can be used to minimize dynamic costs [27] and is suitable for rapid changes over time in the environment in which it is applied [28]. These attributes are directly relevant given the desire by service providers that budget consumption be optimized.…”
Section: Lyapunov Optimizationmentioning
confidence: 99%
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“…It is used for the computation of incentives and pricing in communication networks and has been previously used for incentive design for participatory sensing [26] (though not reward computation). It can be used to minimize dynamic costs [27] and is suitable for rapid changes over time in the environment in which it is applied [28]. These attributes are directly relevant given the desire by service providers that budget consumption be optimized.…”
Section: Lyapunov Optimizationmentioning
confidence: 99%
“…over the time slots. Furthermore, unlike other scenarios typically modelled using Lyapunov Optimization (for example, [27]), forfeit ( ) is, for every time slot t, independent of queue backlogs from previous timeslots:…”
Section: Modelling the Environment For Budget Optimizationmentioning
confidence: 99%
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“…In this optimization problem, the objective is to find the maximum value of D l ðtÞ such that summation of all demands from N users is less than or equal to the available supply b DðtÞ as given in constraint (12) and to satisfy constraint (13). Algorithm 3 that is inspired from [23] can be used to solve this optimization problem.…”
Section: Power Limit Methodsmentioning
confidence: 99%
“…consumption management techniques and use neural network techniques to develop distributed algorithms. The authors in [12,13] develop demand response algorithms in micro-grids in the presence of renewable and distributed energy resources in the system. In [14], the authors developed an algorithm to predict day-ahead prices in order to reduce peak load while targeting maximization of the electricity provider's profits.…”
Section: State Of the Artmentioning
confidence: 99%