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• W2181760450 abstract "Demand side management is one of the most important problems in smart grid research, which aims to match electricity demand to supply for enhanced energy efficiency and demand profile while considering user utility, cost and price [1]. Researchers have been focusing on peak shifting or peak reduction for reducing the grid deployment and operational cost [3], [4], as well as on reducing user or energy provider’s cost [5], [6]. In particular, some prior works aim to achieve a single objective, such as to improve the users’ utility or reduce the cost of the energy provider [7], while others jointly consider both the user and energy provider costs, to increase the users’ utility as much as possible while keeping the energy provider’s cost at a relatively lower level [8]. Given the wide range of smart grid models and the challenge in characterizing the electricity demand and supply processes and the utility, cost, pricing functions, a general model that can accommodate various application scenarios would be highly desirable. Furthermore, it is important to jointly consider the utilities and costs of the key components of the system to achieve optimized performance for the overall smart grid system." @default.
• W2181760450 created "2016-06-24" @default.
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• W2181760450 date "2014-01-01" @default.
• W2181760450 modified "2023-09-27" @default.
• W2181760450 title "Asymptotic Optimal Online Energy Distribution in the Smart Grid" @default.
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