Genetic Algorithm for Demand Response: A Stackelberg Game Approach

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2 Scopus citations

Abstract

Demand response (DR) has gained a significant recent interest due to its potential for mitigating many power system problems. Game theory is a very effective tool to be utilized in DR management. In this paper, the DR between a distribution system operator (DSO) and load aggregators (LAs) is designed as a Stackelberg game, where the DSO acts as the leader and LAs are regarded as the followers. Due to the limitations of the centralized solution approaches, a genetic algorithm-based decentralized approach is proposed. To demonstrate the proposed approach, a case study concerning a day-ahead optimization for a real-time pricing market with a single DSO and three LAs is designed and optimized. The proposed approach is able to shift the demand peaks and prove that it has a great potential to be used for the Stackelberg game between a DSO and multiple LAs to fully exploit the potential of DR.

Original languageEnglish
Title of host publicationProceedings of the 2020 Spring Simulation Conference, SpringSim 2020
EditorsFernando J. Barros, Xiaolin Hu, Hamdi Kavak, Alberto A. Del Barrio
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781565553705
DOIs
StatePublished - May 2020
Event2020 Spring Simulation Conference, SpringSim 2020 - Virtual, Fairfax, United States
Duration: May 18 2020May 21 2020

Publication series

NameProceedings of the 2020 Spring Simulation Conference, SpringSim 2020

Conference

Conference2020 Spring Simulation Conference, SpringSim 2020
Country/TerritoryUnited States
CityVirtual, Fairfax
Period05/18/2005/21/20

Funding

This manuscript has been authored by UT-Battelle, LLC under Contract No. DE-AC05-00OR22725 with the U.S. Department of Energy. The United States Government retains and the publisher, by accepting the article for publication, acknowledges that the United States Government retains a non-exclusive, paid-up, irrevocable, world-wide license to publish or reproduce the published form of this manuscript, or allow others to do so, for United States Government purposes. The Department of Energy will provide public access to these results of federally sponsored research in accordance with the DOE Public Access Plan (http://energy.gov/downloads/doe-public-access-plan).

Keywords

  • Stackelberg game
  • demand response
  • genetic algorithms
  • smart grid

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