4 papers
Residential Battery Pooling Under Backup Commitments
Jerry Anunrojwong, Baosen Zhang
Residential batteries increasingly serve two roles: they can earn money by arbitraging wholesale prices and providing grid services, and they provide backup power during outages. T…
Resource Allocation in Electricity Markets with Budget Constrained Customers
Lila Perkins, Baosen Zhang
In electricity markets, customers are increasingly constrained by their budgets. A budget constraint for a user is an upper bound on the price multiplied by the quantity. However,…
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…