Title :
An H∞ design for dynamic pricing in the smart grid
Author :
Chiu, Wei-Yu ; Sun, Hongjian ; Poor, H.Vincent
Author_Institution :
Department of Electrical Engineering, Yuan Ze University, Taoyuan 32003, Taiwan
fDate :
May 31 2015-June 3 2015
Abstract :
An H∞ design for dynamic pricing in the smart grid is proposed. This design jointly considers the operation of a distribution network operator and a market operator. In the design, a ratio of the regulated output energy to the disturbance energy is minimized to address the worst-case scenario. Linear matrix inequality approaches are used to formulate the design problem as a convex problem. Fuzzy interpolation techniques are integrated into the design procedure so that nonlinear grid dynamics can be addressed. In contrast with existing designs, the proposed design can yield a more reliable and practical pricing scheme as shown via simulations.
Keywords :
Microgrids; Power demand; Power system dynamics; Pricing; Smart grids; Standards; Dynamic pricing; LMI approaches; fuzzy systems; smart grid;
Conference_Titel :
Control Conference (ASCC), 2015 10th Asian
Conference_Location :
Kota Kinabalu, Malaysia
DOI :
10.1109/ASCC.2015.7244790