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In this paper, we present a directly applicable scheme for electricity consumption shifting and effective demand curve flattening. The scheme can employ the services of either individual or cooperating consumer agents alike. Agents participating in the scheme, however , are motivated to form cooperatives, in order to reduce their electricity bills via lower(More)
In this paper we present SYNAISTHISI, i.e., a cloud-based platform, that provides the necessary infrastructure in order to interconnect heterogeneous devices and services over heterogeneous networks. SYNAISTHISI facilitates the orchestration of a collective functionality allowing several services to be managed through agents that dynamically allocate the(More)
Managing energy consumption and production is a challenging problem and proactive balancing between the amount of electricity produced and consumed is needed. In this work, we examine mechanisms that give incentives to consumers to efficiently reschedule their demand, thus balancing the overall energy production and consumption. Viewing the smart grid as a(More)
Recent advancements in single board computers, communications technologies and protocols, as well as the concepts of service-oriented architectures (SoA) and everything as a service (EaaS), constitute a prelude to the Internet of Things (IoT) revolution. Billions of devices are interconnected and integrated as modular web services, which can be used and(More)
As the penetration of renewables into the grid increases, so do the uncertainty and constraints that need to be taken into account during demand-side management (DSM). Mechanism design (MD) provides effective DSM solutions that incorporate end-user preferences and uncertain capabilities, without jeopardizing comfort. The authors discuss the state of the art(More)
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