Braun, Philipp ; Grüne, Lars ; Kellett, Christopher M. ; Weller, Steven R. ; Worthmann, Karl:
Towards price-based predictive control of a small scale electricity network.
Bayreuth , 2016 . - 29 S.
Braun_etal_price_based.pdf - Preprint
Available under License Deutsches Urheberrechtsgesetz .
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With the increasing deployment of battery storage devices in residential electricity networks, it is essential that the charging and discharging of these devices be scheduled so as to avoid adverse impacts on the electricity distribution network. In this paper, we propose a non-cooperative, price-based hierarchical distributed optimisation approach that provably recovers the centralised, or cooperative, optimal performance from the point of view of the network operator. The performance of this algorithm is validated on recent measurements taken from an Australian electricity distribution company, Ausgrid.