Market-Based Coordination of Thermostatically Controlled Loads—Part I: A Mechanism Design Formulation

Journal Article · Tue Mar 01 04:00:00 EST 2016 · IEEE Transactions on Power Systems

DOI:https://doi.org/10.1109/TPWRS.2015.2432057· OSTI ID:1337243

Li, Sen; Zhang, Wei; Lian, Jianming; Kalsi, Karanjit

This paper focuses on the coordination of a population of Thermostatically Controlled Loads (TCLs) with unknown parameters to achieve group objectives. The problem involves designing the bidding and market clearing strategy to motivate self-interested users to realize efficient energy allocation subject to a peak power constraint. Using the mechanism design approach, we propose a market-based coordination framework, which can effectively incorporate heterogeneous load dynamics, systematically deal with user preferences, account for the unknown load model parameters, and enable the real-world implementation with limited communication resources. This paper is divided into two parts. Part I presents a mathematical formulation of the problem and develops a coordination framework using the mechanism design approach. Part II presents a learning scheme to account for the unknown load model parameters, and evaluates the proposed framework through realistic simulations.

• Research Organization: Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
• Sponsoring Organization: USDOE
• DOE Contract Number: AC05-76RL01830
• OSTI ID: 1337243
• Report Number(s): PNNL-SA--104887
• Journal Information: IEEE Transactions on Power Systems, Journal Name: IEEE Transactions on Power Systems Journal Issue: 2 Vol. 31; ISSN 0885-8950
• Publisher: IEEE
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
Demand Response
Mechanism Design