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IEEE Transactions on Smart Grid
Article . 2016 . Peer-reviewed
License: IEEE Copyright
Data sources: Crossref
https://doi.org/10.46855/2020....
Article . 2020 . Peer-reviewed
Data sources: Crossref
https://dx.doi.org/10.48550/ar...
Article . 2015
License: arXiv Non-Exclusive Distribution
Data sources: Datacite
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Energy Storage Sharing in Smart Grid: A Modified Auction Based Approach

Authors: Tushar, Wayes; Chai, Bo; Yuen, Chau; Huang, Shisheng; Smith, David B.; Poor, H. Vincent; Yang, Zaiyue;

Energy Storage Sharing in Smart Grid: A Modified Auction Based Approach

Abstract

This paper studies the solution of joint energy storage (ES) ownership sharing between multiple shared facility controllers (SFCs) and those dwelling in a residential community. The main objective is to enable the residential units (RUs) to decide on the fraction of their ES capacity that they want to share with the SFCs of the community in order to assist them storing electricity, e.g., for fulfilling the demand of various shared facilities. To this end, a modified auction-based mechanism is designed that captures the interaction between the SFCs and the RUs so as to determine the auction price and the allocation of ES shared by the RUs that governs the proposed joint ES ownership. The fraction of the capacity of the storage that each RU decides to put into the market to share with the SFCs and the auction price are determined by a noncooperative Stackelberg game formulated between the RUs and the auctioneer. It is shown that the proposed auction possesses the incentive compatibility and the individual rationality properties, which are leveraged via the unique Stackelberg equilibrium (SE) solution of the game. Numerical experiments are provided to confirm the effectiveness of the proposed scheme.

Journal

Country
Australia
Keywords

690, Stackelberg equilibrium, strategy-proof, Smart grid, Systems and Control (eess.SY), auction theory, Electrical Engineering and Systems Science - Systems and Control, 1700 Computer Science, incentive compatibility, shared energy storage, FOS: Electrical engineering, electronic engineering, information engineering

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    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    286
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 0.1%
    influence
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    Top 1%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 1%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
286
Top 0.1%
Top 1%
Top 1%