In this paper, we consider the problem of stability constrained incentive design for distributed frequency control of multi-machine power systems. We aim to design incentive mechanisms under which control authorities are incentivized to implement distributed controllers which can ensure frequency stability. To solve the problem, we propose a reward based mechanism and determine a lower bound on the rewards such that the induced Nash equilibrium realizes the above objective on dynamic behavior of power grid.
|Title of host publication
|53rd IEEE Conference on Decision and Control,CDC 2014
|Institute of Electrical and Electronics Engineers Inc.
|Number of pages
|Published - 2014
|2014 53rd IEEE Annual Conference on Decision and Control, CDC 2014 - Los Angeles, United States
Duration: Dec 15 2014 → Dec 17 2014
|Proceedings of the IEEE Conference on Decision and Control
|2014 53rd IEEE Annual Conference on Decision and Control, CDC 2014
|12/15/14 → 12/17/14
All Science Journal Classification (ASJC) codes
- Control and Systems Engineering
- Modeling and Simulation
- Control and Optimization