NDLI: Optimal exploitation of renewable energy for residential smart grid with supply-demand model

Content Provider	IEEE Xplore Digital Library
Author	Yuan Wu Lau, V.K.N. Tsang, D.H.K. Liping Qian Limin Meng
Copyright Year	2012
Description	Author affiliation: Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology, Hong Kong (Lau, V.K.N.; Tsang, D.H.K.) \|\| College of Information Engineering, Zhejiang University of Technology, China (Yuan Wu; Limin Meng) \|\| College of Computer Science and Technology, Zhejiang University of Technology, China (Liping Qian)
Abstract	Future smart grid has been widely conceived to be featured by its flexible supply-demand management and great exploitation of renewable energy. However, due to the volatility of renewable sources, exploitation of renewable energy introduces uncertainty in energy supply. Therefore, it is of practical importance to quantify the optimal exploitation of renewable energy based on the supply-demand framework for future smart grid, where the energy-providers (or the energy-users) adaptively adjust their energy-provisioning (or energy-demands) according to the system information that takes account of the volatility of renewable energy. In this work, we consider a residential smart grid equipped with a centralized renewable source as a supplement to the electricity acquired from the grid. Our model aims at: i) quantifying the optimal exploitation of renewable energy that trades off between the system-wide benefit from using the renewable energy and the associated cost due to its volatility, and ii) characterizing how the volatility of renewable energy influences its optimal exploitation. An efficient distributed algorithm is proposed to determine the optimal utilization of renewable energy as well as the associated energy scheduling decisions based on the supply-demand model.
Starting Page	87
Ending Page	92
File Size	922817
Page Count	6
File Format	PDF
ISBN	9781467326988
e-ISBN	9781467326995
e-ISBN	9781467326971
DOI	10.1109/ChinaCom.2012.6417454
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-08-08
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Content Type	Text
Resource Type	Article

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

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