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Optimal peak-minimizing online algorithms for large-load users with energy storage

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

Abstract

The peak-demand charge motivates large-load customers to flatten their demand curves, while their self-owned renewable generations aggravate demand fluctuations. Thus, it is attractive to utilize energy storage for shaping real-time loads and reducing electricity bills. In this paper, we propose the first peak-aware competitive online algorithm for leveraging stored energy (e.g., in fuel cells) to minimize peak-demand charges. Our algorithm decides the discharging quantity slot by slot to maintain the optimal worst-case performance guarantee (namely, competitive ratio) among all deterministic online algorithms. Interestingly, we show that the best competitive ratio can be computed by solving a linear number of linear-fractional problems. We can also extend our competitive algorithm and analysis to improve the average-case performance and consider short-term prediction.
Original languageEnglish
Title of host publicationIEEE INFOCOM 2021 - IEEE Conference on Computer Communications (INFOCOM WKSHPS)
PublisherIEEE
ISBN (Electronic)9781665404433
ISBN (Print)9781665447140
DOIs
Publication statusPublished - 2021
Event40th IEEE Conference on Computer Communications (INFOCOM 2021) - Virtual, Vancouver, BC, Canada
Duration: 10 May 202113 May 2021
https://infocom2021.ieee-infocom.org/index.html
https://www.sdsc.cityu.edu.hk/news-event/news/sdsc-faculty-awarded-ieee-infocom-2021

Publication series

NameIEEE INFOCOM - IEEE Conference on Computer Communications, INFOCOM

Conference

Conference40th IEEE Conference on Computer Communications (INFOCOM 2021)
PlaceCanada
CityVancouver, BC
Period10/05/2113/05/21
Internet address

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

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