The impact of renewable energy resources on demand response management in a smart grid

Junwei Zhang, M. Cenk Gursoy

Research output: Chapter in Book/Entry/PoemConference contribution

9 Scopus citations

Abstract

In this paper, demand response management is studied in the presence of volatile renewable energy resources. The renewable energy production is modeled as a stochastic process. In this setting, consumer utility, cost of energy production, cost of energy shortfall due to the randomness in renewable energy generation are taken into account, and the maximization of the total social welfare over all possible renewable energy production levels and power consumption levels is pursued. The impact of the degree of uncertainty in renewable energy production on total welfare and the level of scheduled supplies is analyzed.

Original languageEnglish (US)
Title of host publication2012 IEEE 13th International Workshop on Signal Processing Advances in Wireless Communications, SPAWC 2012
Pages475-479
Number of pages5
DOIs
StatePublished - 2012
Event2012 IEEE 13th International Workshop on Signal Processing Advances in Wireless Communications, SPAWC 2012 - Cesme, Turkey
Duration: Jun 17 2012Jun 20 2012

Publication series

NameIEEE Workshop on Signal Processing Advances in Wireless Communications, SPAWC

Other

Other2012 IEEE 13th International Workshop on Signal Processing Advances in Wireless Communications, SPAWC 2012
Country/TerritoryTurkey
CityCesme
Period6/17/126/20/12

ASJC Scopus subject areas

  • Electrical and Electronic Engineering
  • Computer Science Applications
  • Information Systems

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