
322 Demand and Response in Smart Grid
PLANNING
PREDICTION
REALTIME
CONTROL
Figure 11.6: A three-step optimization methodology for demand side load
management.
rebate of demand reduction for user i ,anda
i
reflects willingness of user i to
reduce demand. Next, they consider a more complex multi-period problem.
It is similar to single-period case, but it allows shifting some demand from
one period to subsequent periods based on certain rule. Therefore the actual
demand level before rebate at time t should take into account the demand
shifted from time 1, ···,t− 1.
Indeed, demand reduction equates virtual generation. Besides, the fluctu-
ation of demand corresponds ...