2014
DOI: 10.1109/tsg.2014.2320261
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Load Shaping Strategy Based on Energy Storage and Dynamic Pricing in Smart Grid

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Cited by 72 publications
(40 citation statements)
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“…Optimization of the network smart grid system implies that, in the transient process to reach the equilibrium, some indexes can be optimized. The grid provider is capable of influencing decisions of users in the network by presenting dynamic pricing strategies (Liang et al, 2013;Jiang et al, 2014). It is possible that the smart grid provider and some of the users cooperate to affect decisions of other users, such that the common benefit can be improved.…”
Section: Introductionmentioning
confidence: 99%
“…Optimization of the network smart grid system implies that, in the transient process to reach the equilibrium, some indexes can be optimized. The grid provider is capable of influencing decisions of users in the network by presenting dynamic pricing strategies (Liang et al, 2013;Jiang et al, 2014). It is possible that the smart grid provider and some of the users cooperate to affect decisions of other users, such that the common benefit can be improved.…”
Section: Introductionmentioning
confidence: 99%
“…36 Storage units can contribute to load shaping, too. 37 The consumer can draw less electricity from the grid by discharging energy when the demand is higher than the quota and more electricity from the grid at a lower price by storing energy when the demand is lower than the quota. As a result, the utility can implement load shaping, and consumers can save energy cost.…”
Section: Demand Side Managementmentioning
confidence: 99%
“…2) Static M2M Systems Energy M2M System: Energy M2M system is a representative static M2M system, which is an important component in the smart grid [26]. By integrating communication capabilities with electric power generation, delivery and distribution infrastructures, energy M2M system can achieve automatic monitoring and control.…”
Section: M2m Systemsmentioning
confidence: 99%