Smart grid

About: Smart grid is a research topic. Over the lifetime, 37536 publications have been published within this topic receiving 627844 citations. The topic is also known as: intelligent grid.

A Hybrid Approach for Probabilistic Forecasting of Electricity Price

Abstract: The electricity market plays a key role in realizing the economic prophecy of smart grids. Accurate and reliable electricity market price forecasting is essential to facilitate various decision making activities of market participants in the future smart grid environment. However, due to the nonstationarities involved in market clearing prices (MCPs), it is rather difficult to accurately predict MCPs in advance. The challenge is getting intensified as more and more renewable energy and other new technologies emerged in smart grids. Therefore transformation from traditional point forecasts to probabilistic interval forecasts can be of great importance to quantify the uncertainties of potential forecasts, thus effectively supporting the decision making activities against uncertainties and risks ahead. This paper proposes a hybrid approach to construct prediction intervals of MCPs with a two-stage formulation. In the first stage, extreme learning machine (ELM) is applied to estimate point forecasts of MCPs and model uncertainties involved. In the second stage, the maximum likelihood method is used to estimate the noise variance. A generalized and comprehensive evaluation framework for probabilistic electricity price forecasting is proposed in this paper. The effectiveness of the proposed hybrid method has been validated through comprehensive tests using real price data from Australian electricity market.

Modeling of Local False Data Injection Attacks With Reduced Network Information

Abstract: Modern power grids are becoming more prone to cyberattacks. Even worse, an attacker without the full topology and parameter information of a power grid can still execute a false data injection attack without being detected by the state estimator. This paper proposes an efficient strategy for determining the optimal attacking region that requires reduced network information. The effectiveness of the proposed algorithm is verified through extensive simulations. This paper introduces a new front in the study of smart grid cyber security: determination of a feasible attacking region by obtaining less network information. This paper is also essential and significant for finding effective protection strategies against false data injection attacks based on the deep understanding of the mechanisms and strategies of the attacks.

Analysis of Residential Demand Response and double-auction markets

Abstract: Demand response and dynamic pricing programs are expected to play increasing roles in the modern smart grid environment. While direct load control of end-use loads has existed for decades, price driven response programs are only beginning to be explored at the distribution level. These programs utilize a price signal as a means to control demand. Active markets allow customers to respond to fluctuations in wholesale electrical costs, but may not allow the utility to control demand. Transactive markets, utilizing distributed controllers and a centralized auction, can be used to create an interactive system which can limit demand at key times on a distribution system, decreasing congestion. With the current proliferation of computing and communication resources, the ability now exists to create transactive demand response programs at the residential level. With the combination of automated bidding and response strategies, coupled with education programs and customer response, emerging demand response programs have the ability to reduce utility demand and congestion in a more controlled manner. This paper will explore the effects of a residential double-auction market, utilizing transactive controllers, on the operation of an electric power distribution system.