An online procurement auction for power demand response in storage-assisted smart grids
Bibliographic record
Abstract
The quintessential problem in a smart grid is the matching between power supply and demand - a perfect balance across the temporal domain, for the stable operation of the power network. Recent studies have revealed the critical role of electricity storage devices, as exemplified by rechargeable batteries and plug-in electric vehicles (PEVs), in helping achieve the balance through power arbitrage. Such potential from batteries and PEVs can not be fully realized without an appropriate economic mechanism that incentivizes energy discharging at times when supply is tight. This work aims at a systematic study of such demand response problem in storage-assisted smart grids through a well-designed online procurement auction mechanism. The long-term social welfare maximization problem is naturally formulated into a linear integer program. We first apply a primal-dual optimization algorithm to decompose the online auction design problem into a series of one-round auction design problems, achieving a small loss in competitive ratio. For the one round auction, we show that social welfare maximization is still NP-hard, and design a primal-dual approximation algorithm that works in concert with the decomposition algorithm. The end result is a truthful power procurement auction that is online, truthful, and 2-competitive in typical scenarios.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.005 | 0.009 |
| Meta-epidemiology (narrow) | 0.001 | 0.001 |
| Meta-epidemiology (broad) | 0.002 | 0.001 |
| Bibliometrics | 0.000 | 0.001 |
| Science and technology studies | 0.001 | 0.001 |
| Scholarly communication | 0.002 | 0.003 |
| Open science | 0.002 | 0.001 |
| Research integrity | 0.001 | 0.001 |
| Insufficient payload (model declined to judge) | 0.003 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".