NDLI: Index policies for demand response under uncertainty

Content Provider	IEEE Xplore Digital Library
Author	Taylor, J.A. Mathieu, J.L.
Copyright Year	2013
Description	Author affiliation: Power Syst. Lab., ETH Zurich, Zurich, Switzerland (Mathieu, J.L.) \|\| Dept. of Electr. & Comput. Eng., Univ. of Toronto, Toronto, ON, Canada (Taylor, J.A.)
Abstract	Uncertainty is an intrinsic aspect of demand response because electrical loads are subject to many random factors and their capabilities are often not directly measurable until they have been deployed. Demand response algorithms must therefore balance utilizing well-characterized, good loads and learning about poorly characterized but potentially good loads; this is a manifestation of the classical tradeoff between exploration and exploitation. We address this tradeoff in a restless bandit framework, a generalization of the well-known multi-armed bandit problem. The formulation yields index policies, in which loads are ranked by a scalar index and those with the highest are deployed. The policy is particularly appropriate for demand response because the indices have explicit analytical expressions that may be evaluated separately for each load, making them both simple and scalable. We numerically evaluate the performance of the index policy, and discuss implications of the policies in demand response.
Sponsorship	IEEE Control Syst. Soc.
Starting Page	6262
Ending Page	6267
File Size	214654
Page Count	6
File Format	PDF
ISBN	9781467357142
ISSN	07431546
e-ISBN	9781467357173
DOI	10.1109/CDC.2013.6760879
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-12-10
Publisher Place	Italy
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Indexes Load management Load modeling Uncertainty Aggregates Power systems Real-time systems
Content Type	Text
Resource Type	Article
Subject	Control and Optimization Control and Systems Engineering Modeling and Simulation

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Day ahead dynamic pricing for demand response in dynamic environments

Uncertainty in the flexibility of aggregations of demand response resources

Optimal real-time pricing under load uncertainty based on utility maximization for smart grid

Scenario-based real-time demand response considering wind power and price uncertainty

Near-optimal execution policies for demand-response contracts in electricity markets

Optimal demand response scheduling with Stackelberg game approach under load uncertainty for smart grid

Effects of demand response on retail and wholesale power markets

Grid integration of distributed renewables through coordinated demand response

Demand side management using direct load control for residential and industrial areas

Index policies for demand response under uncertainty

Similar Documents

Day ahead dynamic pricing for demand response in dynamic environments

Uncertainty in the flexibility of aggregations of demand response resources

Optimal real-time pricing under load uncertainty based on utility maximization for smart grid

Scenario-based real-time demand response considering wind power and price uncertainty

Near-optimal execution policies for demand-response contracts in electricity markets

Optimal demand response scheduling with Stackelberg game approach under load uncertainty for smart grid

Effects of demand response on retail and wholesale power markets

Grid integration of distributed renewables through coordinated demand response

Demand side management using direct load control for residential and industrial areas

Index policies for demand response under uncertainty