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Vasilis Zois CS @ USC | 1 Dynamic and sophisticated demand control – Direct control over household appliances Curtailment Reasons – Reactive Curtailment » Loss of power generation » Renewable sources don’t work at full capacity – Proactive » Maximize profits » Reduced power consumption overweigh customer compensation Customer Satisfaction – Discounted plan Valuation Function – Plan connected to customer load elasticity | 2 Dynamic pricing – Direct control achieved by monetary incentives Cost & valuation functions – Convex cost functions – Concave valuation functions Optimal Curtailment – Component failure as subject of attack – Quantify severity by the amount of the curtailed power Frequency stability – Locally measured frequency – Centralized approach » Physical constraints » Low computational cost | 3 Physical power systems model – Graph G= (V,E) » Vertices Buses that generate or consume power » Edges Transmission line i with capacity ci – Power flow model » Voltage at each bus is fixed » 𝐴𝑇 𝐵 sin 𝐴θ − 𝑝 = 0 Cost model of power supply – 𝑓𝑖 (𝑥) with marginal cost 𝑀𝐶𝑖 = 𝑑𝑓𝑖 𝑥 𝑑𝑥 >0 – As power production increases cost increases rapidly Valuation model of provided power – 𝑢𝑖 𝑥 with marginal cost 𝑀𝑉𝑖 = 𝑑𝑢𝑖 𝑥 𝑑𝑥 – Single valuation function for aggregated customer in bus i – Law of diminishing marginal returns | 4 𝑘 𝑔 max 𝑙 𝑔 𝑧 ,𝑧 ,𝜃 𝑛−𝑘 𝑔 𝑔 𝑓𝑖 (𝑝𝑖 ) − 𝑓𝑖 𝑝𝑖 + 𝑧𝑖 𝑖=1 𝑢𝑖 −𝑝𝑖𝑙 − 𝑢𝑖 −𝑝𝑖𝑙 − 𝑧𝑖𝑙 − 𝑖=1 1. 𝐴𝑇 𝑠𝑖𝑛 𝐴𝜃 − 𝑝 + 𝑧 =0 2. 𝑝𝑙 ≤ 𝑝𝑙 + 𝑧 𝑙 ≤ 0 3. 0 ≤ 𝑝 𝑔 + 𝑧 𝑔 ≤ 𝑝 𝑔 𝜋 𝜋 4. − 2 ≤ Αθ ≤ 2 5. −𝑐 ≤ 𝐵𝑠𝑖𝑛(𝐴𝜃) ≤ 𝑐 Optimization problem hardness – Power grid normal operation » Phase difference 𝐴𝜃 i ≈ 0 » 𝐴𝑇 𝐵 𝐴𝜃 − 𝑝 + 𝑧 = 0 and −𝑐 ≤ 𝐵(𝐴𝜃) ≤ 𝑐 – Theorem 1: If the supply cost functions are convex and the valuation functions are concave, then both reactive and proactive load curtailment problems are convex after linearization. | 5 Reactive curtailment – Fixed amount of supply reduction – Match the supply loss while minimizing compensation Proactive curtailment – Supply reduction » Savings outweigh curtailment costs | 6 Curtailment Period – Fixed (e.g 15 minutes) – Optimization at the beginning – Cost savings and profits for one period Comparison of valuation functions – Linear vs concave Effect of line capacity in optimization | 7 Concave function – Line capacities limit load shedding on specific busses Linear function – Same curtailment for different capacities Comparison – Better distribution of curtailment with concave function | 8 Setup – Cost functions 𝑓1 𝑥 = 𝑥2 𝑎 + 0.15𝑥 + 𝛾1 , 𝑓2 𝑥 = 𝑥2 𝛽 + 0.1𝑥 + 𝛾2 – Variable α and β Load Shedding – Supply reduction on each bus changes – Total supply reduction decreases | 9 Capacity effect – Profits always increase in contrast to power supply Comparison – Higher profit than in reactive curtailment by optimizing supply reduction | 10 Additional constraints – Limit curtailed load on each bus – Preserved convexity of optimization problem Effect of limits – Reduced profits – Limited power reduction » Limit is not reached | 11 Fast response – Critical in reactive curtailment – Primary control within 5- 30s Experiments – 14,57 or 118 bus systems – Average time from 100 iterations | 12 Thank you! Questions? https://publish.illinois.edu/incentive-pricing/publications/ | 13