4 papers
Adaptive Pricing for Optimal Coordination in Networked Energy Systems with Nonsmooth Cost Functions
Jiayi Li, Jiale Wei, Matthew Motoki +2
Incentive-based coordination mechanisms for distributed energy consumption have shown promise in aligning individual user objectives with social welfare, especially under privacy c…
Strategic and Fair Aggregator Interactions in Energy Markets: Mutli-agent Dynamics and Quasiconcave Games
Jiayi Li, Matt Motoki, Baosen Zhang
The introduction of aggregator structures has proven effective in bringing fairness to energy resource allocation by negotiating for more resources and economic surplus on behalf o…
Balancing Fairness and Efficiency in Energy Resource Allocations
Jiayi Li, Matthew Motoki, Baosen Zhang
Bringing fairness to energy resource allocation remains a challenge, due to the complexity of system structures and economic interdependencies among users and system operators' dec…
Socially Optimal Energy Usage via Adaptive Pricing
Jiayi Li, Matthew Motoki, Baosen Zhang
A central challenge in using price signals to coordinate the electricity consumption of a group of users is the operator's lack of knowledge of the users due to privacy concerns. I…