2020
DOI: 10.1016/j.scs.2020.102150
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Optimal design of reward-penalty demand response programs in smart power grids

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Cited by 25 publications
(10 citation statements)
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References 31 publications
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“…If a consumer exceeds the contract, he should pay the penalty. This possibility was discussed in [37] which presents a rolling penalty function for real-time pricing of microgrids (see [37], [38] for more detail).…”
Section: ) Penalty-based Flexible Loadmentioning
confidence: 99%
“…If a consumer exceeds the contract, he should pay the penalty. This possibility was discussed in [37] which presents a rolling penalty function for real-time pricing of microgrids (see [37], [38] for more detail).…”
Section: ) Penalty-based Flexible Loadmentioning
confidence: 99%
“…For each prosumer u, the energy stored in the EV battery in each period t is determined in (12). In (13), the variation interval related to the charging time of the EV battery is established considering the limits [τ ev u , τ ev u ], while (14) ensures the number of times that the EV battery can be charged within the range Q ev u , Q ev u . The optimal profile, O cp u,a,t , of the EV (β a = −1) related to prosumer u is obtained by (15) as the total energy stored in the EV battery during the day is calculated using (16).…”
Section: Home Appliances Constraintsmentioning
confidence: 99%
“…As during off-peak hours the energy tariff is cheaper, many prosumers prefer to postpone or anticipate the usage of the appliance, then the usage of their appliances may coincide, especially those with higher average power, within these periods [12]. These events can affect the power grid performance, compromising the assets lifetime, mainly of the power transformers, feeders, and protection devices [13].…”
Section: Introduction 1overviewmentioning
confidence: 99%
“…They verify that the established model can promote the enthusiasm of the user side to participate in IBDRM. Ghorashi et al [32] face the phenomenon that users' participation in IBDRM may lead to a peak rebound and the power transmission system congestion during low load periods, they study the design and optimization of demand response compensation mechanism by combining the smart grid technology. Moreover, the numerical analysis indicates that the proposed compensation mechanism can improve the operational characteristics of the power grid and reduce the peak rebound without increasing the costs of users.…”
Section: Literature Reviewmentioning
confidence: 99%