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Cooperative day-ahead bidding strategies for demand-side expected cost minimization

Author
Atzeni, I.; Garcia, L.; Scutari, G.; Palomar, D.P.; R. Fonollosa, Javier
Type of activity
Presentation of work at congresses
Name of edition
38th IEEE International Conference on Acoustics, Speech, and Signal Processing Acrònim
Date of publication
2013
Presentation's date
2013-05-30
Book of congress proceedings
2013 IEEE International Conference on Acoustics, Speech, and Signal Processing: proceedings: May 26-31, 2013: Vancouver Convention Center: Vancouver, British Columbia, Canada
First page
5224
Last page
5228
DOI
https://doi.org/10.1109/ICASSP.2013.6638659 Open in new window
Project funding
Macrocelulas y Femtocelulas en Sistemas con Técnicas Avanzadas de Coordinación de la Interferencia y Cooperación
URL
http://dx.doi.org/10.1109/ICASSP.2013.6638659 Open in new window
Abstract
The envisioned smart grid aims to improve the interaction between the supply-side and demand-side of the network, resulting in a great optimization potential. In this paper, we propose an holisticbased, fully distributed day-ahead DSM method where active users, i.e., subscribers participating actively in the bidding process, are interested in accurately deriving the bidding strategies that minimize their expected monetary expense and simultaneously optimize eventual energy generation and storage...
Keywords
Cooperative demand-side management, Distributed dynamic pricing algorithm, Smart grid
Group of research
SPCOM - Signal Processing and Communications Group

Participants