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