A Distributed Algorithm for Managing Residential Demand Response in Smart Grids

Demand response enabled by time-varying prices can propel the power industry toward a greater efficiency. However, a noncoordinated response of customers may lead to severe peak rebounds at periods with lower prices. In this regard, a coordinated demand response scheme can mitigate concerns about th...

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Bibliographic Details
Published in:	IEEE transactions on industrial informatics Vol. 10; no. 4; pp. 2385 - 2393
Main Authors:	Safdarian, Amir, Fotuhi-Firuzabad, Mahmud, Lehtonen, Matti
Format:	Journal Article
Language:	English
Published:	Piscataway IEEE 01.11.2014 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Algorithms Customers Distributed algorithms Electric utilities Energy management Energy policy Home appliances Load management Load modeling Management Mathematical models Modules Multi-agent systems Optimization Residential Smart grids Utilities distribution network operation smart grid Demand response multiagent system residential customer
ISSN:	1551-3203, 1941-0050
Online Access:	Get full text
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