Authors:
Angan Mitra
1
;
Corinne Touati
2
;
Stephane Ploix
3
;
Ujjwal Maulik
1
and
Nouredine Hadjsaid
3
Affiliations:
1
Jadavpur University, India
;
2
Inria and LIG laboratory, France
;
3
University Grenoble Alpes, France
Keyword(s):
Smart-grid, Economical Analysis, Energy Optimization, Flexible Consumption.
Related
Ontology
Subjects/Areas/Topics:
Architectures for Smart Grids
;
Economic Models of Energy Efficiency
;
Energy and Economy
;
Energy-Aware Systems and Technologies
;
Load Balancing in Smart Grids
;
Smart Grids
;
Virtualization for Reducing Power Consumption
Abstract:
As energy demand increased and production means diversified, conventional approaches of looking into distribution
grids need to evolve. The Smart Grid paradigm introduces new possibilities of real-time market sensing
and interaction models between producers and consumers. In particular, by understanding the types of consumers
and their potential willingness to adapt their energy demand with price incentives, innovative pricing
strategies in the Smart Grid are expected to lead to better production management, profit maximization and
end consumers satisfaction levels. In this work we propose a novel framework and a simulation scenario of
a global energy network with heterogeneous types of producers and consumers from which different types of
behaviors and interactions can be studied.