Real-Time Pricing Strategy Based on the Stability of Smart Grid for Green Internet of Things

Abstract

The ever increasing demand of energy efficiency and the strong awareness of environment have led to the enhanced interests in green Internet of things (IoTs). How to efficiently deliver power, especially, with the smart grid based on the stability of network becomes a challenge for green IoTs. Therefore, in this paper we present a novel real-time pricing strategy based on the network stability in the green IoTs enabled smart grid. Firstly, the outage is analyzed by considering the imbalance of power supply and demand as well as the load uncertainty. Secondly, the problem of power supply with multiple-retailers is formulated as a Stackelberg game, where the optimal price can be obtained with the maximal profit for retailers and users. Thirdly, the stability of price is analyzed under the constraints. In addition, simulation results show the efficiency of the proposed strategy.

Saving the environment from the internet: A polynomial mitigation model of reducing Individual Internet Consumption through Internet Pricing and Environmental Awareness

“…The use of the internet is conceptually comparable to these disciplines, given that they provide heightened sensations and are addictive in nature (Curry, Wagner, & Grothaus, 1991 Thombs & Osborn, 2019). However, we observed that past IS studies, regardless of the context and certainly not in green-IT (Chen, Hui, Su, Fang, & Hui, 2017;Shuja et al, 2017), rarely employed both awareness and financial disincentives together. Studies suggest that the simultaneous employment of both awareness and financial disincentives (like pricing) could lead to substantial attitudinal changes, compared to using only one of them (Haque, Ahmend, & Rahman, 2013;Shuja et al, 2017;Verdonk-Kleinjan, Candel, Knibbe, Willemsen, & de Vries, 2011).…”

Spatiotemporal D2D Small Cell Allocation and On-Demand Deployment for Microgrids

“…For instance, topological analysis for the optimal power flow was conducted, with the association between devices determined by power grid (e.g., the minimum power lost on power lines) [23]. A real-time pricing strategy was also proposed for SG based on the green IoT [27], which concentrated on the physical layer modeling, assuming the cyber layer to be optimally designed. On the other hand, although HSCNs have been popularized in 5G cellular networks to support large scale CPSs, characteristics of users/devices in the physical layer were mostly neglected [15], [28].…”