An Incentive-Based Online Optimization Framework for Distribution Grids
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Publication:4682247
DOI10.1109/TAC.2017.2760284zbMATH Open1423.90038arXiv1705.01482MaRDI QIDQ4682247FDOQ4682247
Authors: Xinyang Zhou, Emiliano Dall'Anese, Lijun Chen, Andrea Simonetto
Publication date: 18 September 2018
Published in: IEEE Transactions on Automatic Control (Search for Journal in Brave)
Abstract: This paper formulates a time-varying social-welfare maximization problem for distribution grids with distributed energy resources (DERs) and develops online distributed algorithms to identify (and track) its solutions. In the considered setting, network operator and DER-owners pursue given operational and economic objectives, while concurrently ensuring that voltages are within prescribed limits. The proposed algorithm affords an online implementation to enable tracking of the solutions in the presence of time-varying operational conditions and changing optimization objectives. It involves a strategy where the network operator collects voltage measurements throughout the feeder to build incentive signals for the DER-owners in real time; DERs then adjust the generated/consumed powers in order to avoid the violation of the voltage constraints while maximizing given objectives. The stability of the proposed schemes is analytically established and numerically corroborated.
Full work available at URL: https://arxiv.org/abs/1705.01482
Cited In (6)
- Online bandit convex optimisation with stochastic constraints via two-point feedback
- Personalized optimization with user's feedback
- Distributed online bandit linear regressions with differential privacy
- Unified value-based feedback, optimization and risk management in complex electric energy systems
- Distributed dual subgradient methods with averaging and applications to grid optimization
- Event-triggered distributed online convex optimization with delayed bandit feedback
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