Antonio Di Paola (Bath University) - Price-based coordination of thermostatic loads: a mean field game approach

This talk presents a new modelling and control paradigm for distributed large-scale coordination of “smart” thermostatic loads. These appliances are assumed to operate independently in response to price signals, scheduling their power consumption and allocating frequency response provision to minimize their individual cost. A mean field game framework is used to characterize the behaviour of the single loads and quantify their overall impact on the power system. This is combined with the resolution Read more [...]