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Privacy-Cost Trade-offs in Demand-Side Management With Storage

Onur Tan, Jesus Gomez-Vilardebo, Deniz Gunduz
2017 IEEE Transactions on Information Forensics and Security  
Demand-side energy management (EM) is studied from a privacy-cost trade-off perspective, considering time-of-use pricing and the presence of an energy storage unit.  ...  Index Terms-Smart meter, privacy, demand-side management, energy storage, home energy management.  ...  CONCLUSIONS We studied demand-side EM policies from a privacy-energy cost trade-off perspective for a SM system with a finitecapacity energy storage unit.  ... 
doi:10.1109/tifs.2017.2656469 fatcat:2lrbz2as2bbqrnqthm6im4o3hu

Smart Meter Privacy Control Strategy Including Energy Storage Degradation

Ramana R. Avula, Tobias J. Oechtering, Jun-Xing Chin, Gabriela Hug
2019 2019 IEEE Milan PowerTech  
The energy management strategy is designed by minimizing the weighted sum of both privacy loss and total energy storage losses, where the weightage is set using a trade-off parameter.  ...  Using household power consumption data from the ECO dataset, the proposed control strategy is numerically evaluated for different trade-off parameters.  ...  For the smart metering system shown in Fig. 1 , the optimal energy management policy that trade-offs privacy and ESS costs is obtained using the PO-MDP framework.  ... 
doi:10.1109/ptc.2019.8810481 fatcat:6njbamhca5f3bmjqdjowasqhry

Framework for a Cloud-Based Multimedia Surveillance System

M. Anwar Hossain
2014 International Journal of Distributed Sensor Networks  
The paper finally reports that cloud-based multimedia surveillance system can effectively support the processing overload, storage requirements, ubiquitous access, security, and privacy in large-scale  ...  Some of the major concerns facing these systems are scalability, ubiquitous access to sensory data, event processing overhead, and massive storage requirements-all of which demand novel scalable approach  ...  Figure 8 :Figure 9 : 89 Total cost in different trade-off settings. Average task waiting time in different trade-off settings.  ... 
doi:10.1155/2014/135257 fatcat:f7c6chxc7za3rh72m7ru6od7yu

Optimal Demand-Side Management for Joint Privacy-Cost Optimization with Energy Storage [article]

Giulio Giaconi, Deniz Gunduz, H. Vincent Poor
2017 arXiv   pre-print
The smart meter (SM) privacy problem is addressed together with the cost of energy for the user.  ...  The optimal trade-off between the achievable privacy and the energy cost is characterized by taking into account the limited capacity of the battery as well as the capability to sell energy to the UP.  ...  We argue that such an output load trades off privacy with cost.  ... 
arXiv:1704.07615v2 fatcat:3ommvza3vbd2np6pxpellnawv4

Blockchain enabled distributed demand side management in community energy system with smart homes

M. Afzal, Qi Huang, Waqas Amin, Khalid Umer, Asif Raza, M. Naeem
2020 IEEE Access  
This paper presents a distributed demand side management system among multiple homes in community microgrid, with the integration of the internet of things smart meter and in the presence of renewable  ...  However, the previous technique is not focused on energy trading in local community of a renewable energy generation, distributed demand side management and not suitable for real-time environment.  ...  The manageable appliances shift the operation time slot from peak demand time to off peak demand to minimize the energy cost.  ... 
doi:10.1109/access.2020.2975233 fatcat:6hr7x522zbf6diqkmvsp2utknu

Cost/Privacy Co-optimization in Smart Energy Grids

Alma Probstl, Sangyoung Park, Sebastian Steinhorst, Samarjit Chakraborty
2019 2019 Design, Automation & Test in Europe Conference & Exhibition (DATE)  
on privacy results in high financial costs, and iv) that for a typical residential setting, the costs for a trade-off solution lie in the range of 600 US$-1700 US$.  ...  We quantify the trade-off between privacy exposure and financial costs by formulating a stochastic dynamic programming problem.  ...  Again, the privacy/cost trade-offs are achieved with appropriate controllers.  ... 
doi:10.23919/date.2019.8715181 dblp:conf/date/ProbstlPSC19 fatcat:veednuqx4zd27fglqfa7gc5uqm

When Energy Trading meets Blockchain in Electrical Power System: The State of the Art [article]

Naiyu Wang, Xiao Zhou, Xin Lu, Zhitao Guan, Longfei Wu, Xiaojiang Du, Mohsen Guizani
2019 arXiv   pre-print
However, there are many challenging issues for blockchain-based energy trading, i.e., low efficiency, high transaction cost, security & privacy issues.  ...  To tackle with the above challenges, many solutions have been proposed. In this survey, the blockchain-based energy trading in electrical power system is thoroughly investigated.  ...  In addition, the centralized system management leads to high operating costs, low transparency, and potential risk of transaction data modification [46] ii. Privacy protection and security issues.  ... 
arXiv:1902.07233v1 fatcat:y4miam2axrgjnlw74gm2h3l7xe

Distributed Supervision Model for Enterprise Data Asset Trading Based on Blockchain Multi-Channel in Industry Alliance

Jianxiong Zhang, Bing Guo, Xuefeng Ding, Dasha Hu, Yuming Jiang
2022 Sensors  
Finally, under the logical framework of the supervision model, the on-chain hierarchical structure and the data hybrid storage method of "on-chain + off-chain" are designed, and multi-supervisor-oriented  ...  First, the characteristics of information flow in the data trading process are analyzed, and the main subject and key supervision information in the data trading process are sorted out and refined.  ...  Acknowledgments: It is our pleasure to acknowledge Ke Du, Jun Tang, and Chao Tang for their assistance and support with this project.  ... 
doi:10.3390/s22207842 fatcat:zpk75bhykrfxnmsz6uxwvkpwpi

A Survey on Energy Trading in the Smart Grid: Taxonomy, Research Challenges and Solutions

Shubhani Aggarwal, Neeraj Kumar, Sudeep Tanwar, Mamoun Alazab
2021 IEEE Access  
For example, the authors in [57] proposed a both models, such as DR management and energy trading for EVs in an off-grid system.  ...  In contrast, in the energy plane, distributed renewable resources and energy storage are deployed at the user side and P2P energy trading can also done.  ... 
doi:10.1109/access.2021.3104354 fatcat:yoagfu6ebfeshjmz6c4wiakkaq

When Blockchain Meets Smart Grids: A Comprehensive Survey [article]

Yihao Guo, Zhiguo Wan, Xiuzhen Cheng
2021 arXiv   pre-print
In the field of smart grids, a plethora of proposals have emerged to utilize blockchain for augmenting intelligent energy management, energy trading, security and privacy protection, microgrid management  ...  However, the blockchain technology itself has its disadvantages in low processing throughput and weak privacy protection.  ...  Demand Side Management Blockchain based demand side management must first solve the problems of price and cost optimization to achieve economic savings. Afzal et al.  ... 
arXiv:2109.14130v1 fatcat:iqdtdkjvffaoxjmuotie4nuqle

Increasing Smart Meter Privacy Through Energy Harvesting and Storage Devices

Onur Tan, Deniz Gunduz, H. Vincent Poor
2013 IEEE Journal on Selected Areas in Communications  
The impact of the energy harvesting rate and the size of the storage device on this trade-off is also studied.  ...  In this paper, privacy in a smart metering system is studied from an information theoretic perspective in the presence of energy harvesting and storage units.  ...  CONCLUSIONS We have studied the privacy-energy efficiency trade-off in smart meter systems in the presence of energy harvesting and storage units.  ... 
doi:10.1109/jsac.2013.130715 fatcat:gtv2ch2ezvhf3i6lntlx32rxle

A credible and adjustable load resource trading system based on blockchain networks

Wenqian Jiang, Xiaoming Lin, Zhou Yang, Yong Xiao, Kun Zhang, Mi Zhou, Bin Qian
2023 Frontiers in Physics  
In recent years, the residents' demands for power supply is increasing.  ...  The adjustable load resource trading is faced with the challenges of large demands, strong user autonomy, and secure and tamper-proof transaction data.  ...  Acknowledgments The authors would like to thank all of the people who participated in the studies.  ... 
doi:10.3389/fphy.2023.1145361 fatcat:b2pvlp7kbrbcxo4ncpontf4tpq

A review of energy internet research considering interactive energy: The blockchain perspective

Guofeng Wang, Yuchen Liu, Cheng Zhang, Youbing Zhang
2022 Frontiers in Energy Research  
With the proposal of carbon peak and neutrality goals in China, new technologies such as multi-energy synergy technology, cyber physical systems, and multi-market integration technology have ushered in  ...  In order to better cope with the challenges existing in EI, this article designs an analysis framework for EI from the blockchain perspective, which contains five dimensions, including engineering dimension  ...  (Afzal et al., 2020) proposed a distributed demand-side management system in multiple community microgrids to reduce the cost of electricity and total energy consumption for each user in the microgrid  ... 
doi:10.3389/fenrg.2022.999589 fatcat:m6beyz24ibeuzl3u5k7op5vq64

Paving the Path for Two-sided Energy Markets: An Overview of Different Approaches

Mohsen Khorasany, Reza Razzaghi, Ali Dorri, Raja Jurdak, Pierluigi Siano
2020 IEEE Access  
INDEX TERMS Demand response, distributed energy resources (DER), negawatt trading, peer-to-peer (P2P) trading, transactive energy (TE), two-sided market, virtual power plant (VPP).  ...  An overview of different approaches that lay the groundwork for two-sided markets, including demand response (DR), virtual power plants (VPPs), peer-to-peer (P2P) trading, and transactive energy (TE) is  ...  Transactive energy (TE) is another approach for implementing the trading scheme in two-sided markets. It uses value based signals to manage both the supply and demand sides in the market [7] .  ... 
doi:10.1109/access.2020.3040391 fatcat:4bj7xtwhqzbhjhevbwfvzmmz24

Application of Blockchain Technology in Energy Trading: A Review

Hongbiao Li, Fan Xiao, Lixin Yin, Fengtong Wu
2021 Frontiers in Energy Research  
As blockchain and energy trading have become hot topics in industry and academia, this paper presents a brief literature regarding the blockchain-based energy trading in the fields of energy trading with  ...  At first, the background and development process is presented, and then the applications of blockchain in energy trading are surveyed and analyzed.  ...  optimization of the operations of flexible loads, energy conversion, and storage equipment on the demand side (Li et al., 2021) .  ... 
doi:10.3389/fenrg.2021.671133 fatcat:jojma6rcpnaxxlvr3mkva7yw54
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