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| Content Provider | IET Digital Library |
|---|---|
| Author | Giaconi, Giulio Gündüz, Deniz Poor, H. Vincent |
| Abstract | Trade-offs between privacy and cost are studied for a smart grid consumer, whose electricity consumption is monitored in almost real time by the utility provider (UP) through smart meter (SM) readings. It is assumed that an electrical battery is available to the consumer, which can be utilised both to achieve privacy and to reduce the energy cost by demand shaping. Privacy is measured via the mean squared distance between the SM readings and a target load profile, while time-of-use pricing is considered to compute the cost incurred. The consumer can also sell electricity back to the UP to further improve the privacy-cost trade-off. Two privacy-preserving energy management policies (EMPs) are proposed, which differ in the way the target load profile is characterised. A more practical EMP, which optimises the energy management less frequently, is also considered. Numerical results are presented to compare the privacy-cost trade-off of these EMPs, considering various privacy indicators. |
| Starting Page | 596 |
| Ending Page | 604 |
| Page Count | 9 |
| Volume Number | 3 |
| e-ISSN | 25152947 |
| Issue Number | Issue 5, Oct (2020) |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/iet-stg/3/5 |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2020.0055 |
| Journal | IET Smart Grid |
| Publisher | The Institution of Engineering and Technology |
| Publisher Date | 2020-09-04 |
| Access Restriction | Open |
| Rights License | Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0/) |
| Subject Keyword | Data Privacy Data Security Demand Shaping Electrical Battery Electricity Consumption Energy Cost Energy Management System Mean Squared Distance Optimisation Optimisation Technique Power Consumption Power System Economics Power System Managemen Power System Measurement Power System Measurement And Metering Power System Operation Privacy Indicators Privacy-cost Trade-off Privacy-preserving Energy Management Policy Smart Electricity Metering System Smart Grid Consumer Smart Meter Readings Smart Meters Smart Power Grid Target Load Profile Time-of-use Pricing Utility Provider |
| Content Type | Text |
| Resource Type | Article |
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