On consumption shifting scheme for power
by Heng Song; Junwu Zhu; Weicong Chen; Hongchuan Zhang
International Journal of Embedded Systems (IJES), Vol. 9, No. 1, 2017

Abstract: With the rapidly growing demands for power, the task to make users' demand adaptive to power supply is attracting more and more attention. In this paper, we present a novel model of power consumption shifting with continuous market price function instead of the common stepwise piecewise function, and then an applicable shifting scheme with three-tier architecture is designed. In order to get extra rewards, users involved in the scheme are encouraged to shift certain consumption of power from high to low demand time intervals. So, taking into account the fact that value ranges of users' shifting costs and capacities vary because of different geographic areas, grid firstly allocates rewards to power stations in different geographic areas in the way of percentage for shifting cost, and then an appropriate rule is introduced to allocate rewards to contributors according to their bids. We investigate the good economic properties including individual rationality, budget balance and incentive compatibility. At last, to verify the scheme given by this paper, an example is given to illustrate the correctness and effectiveness.

Online publication date: Tue, 24-Jan-2017

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Embedded Systems (IJES):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com