Smart finite state devices: A modeling framework for demand response technologies

We introduce and analyze Markov Decision Process (MDP) machines to model individual devices which are expected to participate in future demand-response markets on distribution grids. We differentiate devices into the following four types: (a) optional loads that can be shed, e.g. light dimming; (b)...

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Bibliographic Details
Main Authors: Turitsyn, Konstantin (Contributor), Backhaus, Scott (Author), Ananyev, Maxim (Author), Chertkov, Michael (Author)
Other Authors: Massachusetts Institute of Technology. Department of Mechanical Engineering (Contributor)
Format: Article
Language:English
Published: Institute of Electrical and Electronics Engineers, 2013-10-09T20:59:19Z.
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