An H∞ design for dynamic pricing in the smart grid

Chiu, Wei-yu; Sun, Hongjian; Poor, H. Vincent; Soh, Azura Che; Selamat, Hazlina; Rahman, Ribhan Zafira Abdul; Ishak, Asnor Juraiza; Ahmad, Siti Anom; Ramli, Hafiz Rashidi Harun; Faudzi, Ahmad Athif Mohd

Abstract

An H∞ design for dynamic pricing in the smart grid is proposed. This design jointly considers the operation of a distribution network operator and a market operator. In the design, a ratio of the regulated output energy to the disturbance energy is minimized to address the worst-case scenario. Linear matrix inequality approaches are used to formulate the design problem as a convex problem. Fuzzy interpolation techniques are integrated into the design procedure so that nonlinear grid dynamics can be addressed. In contrast with existing designs, the proposed design can yield a more reliable and practical pricing scheme as shown via simulations.

Citation

Chiu, W., Sun, H., Poor, H. V., Soh, A. C., Selamat, H., Rahman, R. Z. A., …Faudzi, A. A. M. (2015). An H∞ design for dynamic pricing in the smart grid. In Proceedings of the 10th Asian Control Conference (ASCC), 2015: 'Emerging control techniques for a sustainable world'. (1-6). https://doi.org/10.1109/ascc.2015.7244790

• Conference Name: 2015 10th Asian Control Conference (ASCC)
• Conference Location: Sabah, Malaysia
• Acceptance Date: Jul 16, 2015
• Publication Date: Jun 3, 2015
• Deposit Date: Oct 8, 2015
• Publicly Available Date: Oct 14, 2015
• Publisher: Institute of Electrical and Electronics Engineers
• Pages: 1-6
• Book Title: Proceedings of the 10th Asian Control Conference (ASCC), 2015: 'Emerging control techniques for a sustainable world'..
• DOI: https://doi.org/10.1109/ascc.2015.7244790
• Keywords: Dynamic pricing, LMI approaches, Fuzzy systems, Smart grid
• Additional Information: Date of Conference: May 31 2015-June 3 2015.