On the problem of controlling shiftable prosumer devices with price signals

@article{Ruthe2014OnTP,
  title={On the problem of controlling shiftable prosumer devices with price signals},
  author={Sebastian Ruthe and Christian Rehtanz and Sebastian Lehnhoff},
  journal={2014 Power Systems Computation Conference},
  year={2014},
  pages={1-7}
}
Price-based control approaches can be derived from the Lagrangian relaxation of the unit commitment problem and provide a scalable framework for solving practical sized optimization problems. The framework postulates an iterative gradient based-pricing mechanism, in which the price signal is used to negotiate the energy exchange between individual market participants. Within this framework shiftable prosumer devices induce non-convex, non-continuous utility functions, which can cause divergence… CONTINUE READING

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