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—In this paper, we consider a smart power infrastructure , where several subscribers share a common energy source. Each subscriber is equipped with an energy consumption controller (ECC) unit as part of its smart meter. Each smart meter is connected to not only the power grid but also a communication infrastructure such as a local area network. This allows(More)
—In the future smart grid, both users and power companies can potentially benefit from the economical and environmental advantages of smart pricing methods to more effectively reflect the fluctuations of the wholesale price into the customer side. In addition, smart pricing can be used to seek social benefits and to implement social objectives. To achieve(More)
—In the future smart grid, both users and power companies can benefit from real-time interactions and pricing methods which can reflect the fluctuations of the wholesale price into the demand side. In addition, smart pricing can be used to seek social benefits and to achieve social objectives. However, the utility company may need to collect various(More)
—In this paper, we propose a novel optimization-based real-time residential load management algorithm that takes into account load uncertainty in order to minimize the energy payment for each user. Unlike most existing demand side management algorithms that assume perfect knowledge of users' energy needs, our design only requires knowing some statistical(More)
—In this paper, we propose a new pricing algorithm to minimize the peak-to-average ratio (PAR) in aggregate load demand. The key challenge that we seek to address is the energy provider's uncertainty about the impact of prices on users' load profiles, in particular when users are equipped with automated energy consumption scheduling (ECS) devices. We use an(More)
—A common assumption in the existing literature on energy consumption scheduling in smart grid is that users are aware in advance of their daily energy consumption needs. Therefore, most existing studies along this line of research have been inherently deterministic, e.g., see [1]–[3]. However, this assumption may not hold in practice. In particular, the(More)
In this paper, we focus on the problem of joint load scheduling and generation management to better match supply and demand. We formulate an optimization problem to jointly minimize the generation cost and discomfort cost of the users subject to the voltage and power balance equations for the equivalent circuit of the power system. The optimal power flow(More)