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A game-theoretic approach to model interruptible loads: Application to micro-grid planning

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conference contribution
posted on 16.08.2021, 08:48 by Soheil MohseniSoheil Mohseni, Alan BrentAlan Brent, Daniel BurmesterDaniel Burmester, William Browne
This paper proposes a novel modeling approach for the efficient integration of demand response (DR) resources into the equipment capacity-planning problem of micro-grids based on Game Theory. The main advantage of this approach is that it determines the DR events based on the day-ahead system state estimates (in contrast to the conventional exogenetic demand-side management approaches), whilst protecting the customers' welfare. A battery-less, 100%-renewable, gridindependent micro-grid is conceptualized, and the town Ohakune, New Zealand is used as a test-case to evaluate the effectiveness of the proposed modeling framework. The numerical simulation results indicate that the proposed approach achieves substantial (12.59%) savings in the life-cycle cost of the target system, as compared to the case where a time-of-use DR is implemented.

History

Preferred citation

Mohseni, S., Brent, A. C., Burmester, D. & Browne, W. (2020, August). A game-theoretic approach to model interruptible loads: Application to micro-grid planning. In IEEE Power and Energy Society General Meeting 2020 IEEE Power & Energy Society General Meeting (PESGM) (2020-August pp. 1-5). IEEE. https://doi.org/10.1109/PESGM41954.2020.9281836

Conference name

2020 IEEE Power & Energy Society General Meeting (PESGM)

Conference start date

02/08/2020

Conference finish date

06/08/2020

Title of proceedings

IEEE Power and Energy Society General Meeting

Volume

2020-August

Publication or Presentation Year

02/08/2020

Pagination

1-5

Publisher

IEEE

Publication status

Published

ISSN

1944-9925

eISSN

1944-9933

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