A Distributed Algorithm for Managing Residential Demand Response in Smart Grids

@article{Safdarian2014ADA,
  title={A Distributed Algorithm for Managing Residential Demand Response in Smart Grids},
  author={Amir Safdarian and Mahmud Fotuhi-Firuzabad and Matti Lehtonen},
  journal={IEEE Transactions on Industrial Informatics},
  year={2014},
  volume={10},
  pages={2385-2393}
}
Demand response enabled by time-varying prices can propel the power industry toward a greater efficiency. However, a noncoordinated response of customers may lead to severe peak rebounds at periods with lower prices. In this regard, a coordinated demand response scheme can mitigate concerns about the peak rebounds. This paper presents a system-wide demand response management model to coordinate demand response provided by residential customers. The objective of the model is to flatten the total… CONTINUE READING
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