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Industrial Engineering

Electronic Theses and Dissertations

2016

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Optimization Models And Algorithms For Demand Response In Smart Grid., Guangyang Xu Dec 2016

Optimization Models And Algorithms For Demand Response In Smart Grid., Guangyang Xu

Electronic Theses and Dissertations

For demand response in smart grid, a utility company wants to minimize total electricity cost and end users want to maximize their own utility. The latter is considered to consist of two parts in this research: electricity cost and convenience/comfort. We first develop a system optimal (SO) model and a user equilibrium (UE) model for the utility company and end users, respectively and compare the difference of the two. We consider users' possible preference on convenience over cost-saving under the real-time pricing in smart grid, and each user is assumed to have a preferred time window for using a particular …