Professional Documents
Culture Documents
UniversityofSouthampton
6th April2011
Outline
EnergyDomain SmartGrid iDEaSProject iDE S P j MechanismDesign g
Demandaggregationinthesmartgrid Electric vehicle charge pricing Electricvehiclechargepricing
OtherworkandConclusions
iDEaS :IntelligentDecentralisedEnergyAwareSystems
ClimateChange
Increasingatmospheric CO co ce t at o CO2concentration iDEaS :IntelligentDecentralisedEnergyAwareSystems
4
Lowcarbon
Wind Solar Hydro Nuclear
5
iDEaS :IntelligentDecentralisedEnergyAwareSystems
iDEaS :IntelligentDecentralisedEnergyAwareSystems
Threeyearprivatelyfundedbyindustry
4 academics 4academics 5researchfellows 6PhDstudents
iDEaS :IntelligentDecentralisedEnergyAwareSystems
Outline
EnergyDomain SmartGrid iDEaSProject iDE S P j MechanismDesign g
Demandaggregationinthesmartgrid Electric vehicle charge pricing Electricvehiclechargepricing
OtherworkandConclusions
iDEaS :IntelligentDecentralisedEnergyAwareSystems
Canmechanismdesignhelpelicit C h i d i h l li it thisadditionalinformation?
iDEaS :IntelligentDecentralisedEnergyAwareSystems
10
Buys
units at price
Chooseamounttobuyinforwardmarketsto minimisetotalcost
iDEaS :IntelligentDecentralisedEnergyAwareSystems
12
Consumerscanmisreportifitisin p theirinteresttodoso.
iDEaS :IntelligentDecentralisedEnergyAwareSystems
13
Properties
Number of consumers
Properties
Maximise score by truthfully reporting Maximisescorebytruthfullyreporting Needstobescaledappropriately iDEaS :IntelligentDecentralisedEnergyAwareSystems
15
Properties
iDEaS :IntelligentDecentralisedEnergyAwareSystems
17
iDEaS :IntelligentDecentralisedEnergyAwareSystems
18
iDEaS :IntelligentDecentralisedEnergyAwareSystems
19
iDEaS :IntelligentDecentralisedEnergyAwareSystems
20
Outline
EnergyDomain SmartGrid iDEaSProject iDE S P j MechanismDesign g
Demandaggregationinthesmartgrid Electric vehicle charge pricing Electricvehiclechargepricing
OtherworkandConclusions
iDEaS :IntelligentDecentralisedEnergyAwareSystems
21
iDEaS :IntelligentDecentralisedEnergyAwareSystems
iDEaS :IntelligentDecentralisedEnergyAwareSystems
Scheduling
Collectrequirementsandautomaticallyschedule
Canweusemechanismdesigntoovercome theseproblems?
iDEaS :IntelligentDecentralisedEnergyAwareSystems
24
iDEaS :IntelligentDecentralisedEnergyAwareSystems
25
Expectedutilityforgivencharge(inkWh)givenby:
iDEaS :IntelligentDecentralisedEnergyAwareSystems
26
Asimplegreedyallocationrulewithsecond pricepaymentsisnotDSICinthissetting h
1
U1 = (10=+10) 2 = 8 = 7 ( 1 4) 5 2 U
iDEaS :IntelligentDecentralisedEnergyAwareSystems
27
28
iDEaS :IntelligentDecentralisedEnergyAwareSystems
29
iDEaS :IntelligentDecentralisedEnergyAwareSystems
30
iDEaS :IntelligentDecentralisedEnergyAwareSystems
31
OnlineMechanismDesignforDynamic ElectricVehicleCharging l h l h
Variableratecharging bl h
Pricefastchargers g appropriately
iDEaS :IntelligentDecentralisedEnergyAwareSystems
33
Conclusions
Thesmartgridisessentialforasustainable energyfuture
Efficient use and pricing of electricity is essential Efficientuseandpricingofelectricityisessential tothisvisiongiventheincreaseddemand Many opportunities for mechanism design to Manyopportunitiesformechanismdesignto influencethedesignofthisnewgrid
Seeprojectwebsiteformoredetailsand p publications:
www.ideasproject.info iDEaS :IntelligentDecentralisedEnergyAwareSystems
34