NDLI: Incentive design for Direct Load Control programs

Content Provider	IEEE Xplore Digital Library
Author	Alizadeh, M. Yuanzhang Xiao Scaglione, A. van der Schaar, M.
Copyright Year	2013
Description	Author affiliation: Univ. of California Davis, Davis, CA, USA (Alizadeh, M.; Scaglione, A.) \|\| Univ. of California Los Angeles, Los Angeles, CA, USA (Yuanzhang Xiao; van der Schaar, M.)
Abstract	We study the problem of optimal incentive design for voluntary participation of electricity customers in a Direct Load Scheduling (DLS) program, a new form of Direct Load Control (DLC) based on a three way communication protocol between customers, embedded controls in flexible appliances, and the central entity in charge of the program. Participation decisions are made in real-time on an event-based basis, with every customer that needs to use a flexible appliance considering whether to join the program given current incentives. Customers have different interpretations of the level of risk associated with committing to pass over the control over the consumption schedule of their devices to an operator, and these risk levels are only privately known. The operator maximizes his expected profit of operating the DLS program by posting the right participation incentives for different appliance types, in a publicly available and dynamically updated table. Customers are then faced with the dynamic decision making problem of whether to take the incentives and participate or not. We define an optimization framework to determine the profit-maximizing incentives for the operator. In doing so, we also investigate the utility that the operator expects to gain from recruiting different types of devices. These utilities also provide an upper-bound on the benefits that can be attained from any type of demand response program.
Sponsorship	IEEE Cont. Syst. Soc.
Starting Page	1029
Ending Page	1036
File Size	568411
Page Count	8
File Format	PDF
e-ISBN	9781479934102
DOI	10.1109/Allerton.2013.6736638
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-10-02
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Home appliances Electricity Biological system modeling Decision making Sociology Statistics Recruitment
Content Type	Text
Resource Type	Article

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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
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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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