Distributed optimal day-ahead scheduling in a smart grid: a trade-off among consumers, power suppliers, and transmission owners (Q1693811)

From MaRDI portal
scientific article
Language Label Description Also known as
English
Distributed optimal day-ahead scheduling in a smart grid: a trade-off among consumers, power suppliers, and transmission owners
scientific article

    Statements

    Distributed optimal day-ahead scheduling in a smart grid: a trade-off among consumers, power suppliers, and transmission owners (English)
    0 references
    0 references
    0 references
    0 references
    31 January 2018
    0 references
    Summary: To cope with the challenges due to increasing peak load, an optimal day-ahead scheduling problem for social welfare maximization is proposed, in which not only the comfort level of consumers and costs of power suppliers but also the power losses in transmission and operation costs of transmission owners are taken into account. Then, this optimal day-ahead scheduling problem is reformulated and solved via the alternating direction method of multipliers (ADMM), by which fast convergence is guaranteed and the privacy of participants is ensured, in a distributed manner. Specifically, in the proposed distributed optimal day-ahead scheduling, the hourly prices for consumers are divided into hourly supply prices and hourly delivery prices, which will be updated by the independent system operator based on the hourly demand-supply situations and hourly demand-delivery situations, respectively. And the consumers, power suppliers, and transmission owners make their individual optimal day-ahead scheduling based on their individual hourly prices, hourly supply prices, and hourly delivery prices, respectively, until the hourly demand-supply balances and hourly demand-delivery balances are achieved. Effectiveness of the proposed distributed optimal day-ahead scheduling is verified by the cases studied.
    0 references
    optimal day-ahead scheduling
    0 references
    smart grid: social welfare maximization
    0 references
    alternating direction method of multipliers (ADMM)
    0 references
    hourly demand-supply situations
    0 references
    hourly demand-delivery situations
    0 references

    Identifiers

    0 references
    0 references
    0 references
    0 references
    0 references
    0 references