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An H∞ design for dynamic pricing in the smart grid

Chiu, Wei-yu; Sun, Hongjian; Poor, H. Vincent

An H∞ design for dynamic pricing in the smart grid Thumbnail


Authors

Wei-yu Chiu

H. Vincent Poor



Contributors

Azura Che Soh
Editor

Hazlina Selamat
Editor

Ribhan Zafira Abdul Rahman
Editor

Asnor Juraiza Ishak
Editor

Siti Anom Ahmad
Editor

Hafiz Rashidi Harun Ramli
Editor

Ahmad Athif Mohd Faudzi
Editor

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.

Citation

Chiu, W., Sun, H., & Poor, H. V. (2015). An H∞ design for dynamic pricing in the smart grid. In A. Che Soh, H. Selamat, R. Zafira Abdul Rahman, A. Juraiza Ishak, S. Anom Ahmad, H. Rashidi Harun Ramli, & A. Athif Mohd Faudzi (Eds.), Proceedings of the 10th Asian Control Conference (ASCC), 2015: 'Emerging control techniques for a sustainable world'. (1-6). https://doi.org/10.1109/ascc.2015.7244790

Conference Name 2015 10th Asian Control Conference (ASCC)
Conference Location Sabah, Malaysia
Acceptance Date Jul 16, 2015
Publication Date Jun 3, 2015
Deposit Date Oct 8, 2015
Publicly Available Date Mar 29, 2024
Publisher Institute of Electrical and Electronics Engineers
Pages 1-6
Book Title Proceedings of the 10th Asian Control Conference (ASCC), 2015: 'Emerging control techniques for a sustainable world'..
DOI https://doi.org/10.1109/ascc.2015.7244790
Keywords Dynamic pricing, LMI approaches, Fuzzy systems, Smart grid
Public URL https://durham-repository.worktribe.com/output/1153412
Additional Information Date of Conference: May 31 2015-June 3 2015.

Files

Accepted Conference Proceeding (654 Kb)
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