Inventory control of storage in distribution systems

Joshua A. Taylor; Duncan S. Callaway; Kameshwar Poolla

doi:10.1109/acc.2012.6315148

Inventory control of storage in distribution systems

Joshua A. Taylor, Duncan S. Callaway, Kameshwar Poolla

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

4 Scopus citations

Abstract

Distribution-side energy storage is a natural mechanism for absorbing variability from renewable sources, and hence minimizing costly reliance on generator reserves. We consider a simple contract between a producer with uncertain output and storage. The optimal storage scheduling strategy is shown to be an inventory control-like policy, which we use to characterize the Nash equilibria arising between generation and storage.

Original language	English (US)
Title of host publication	2012 American Control Conference, ACC 2012
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	2147-2152
Number of pages	6
ISBN (Print)	9781457710957
DOIs	https://doi.org/10.1109/acc.2012.6315148
State	Published - 2012
Externally published	Yes
Event	2012 American Control Conference, ACC 2012 - Montreal, QC, Canada Duration: Jun 27 2012 → Jun 29 2012

Publication series

Name	Proceedings of the American Control Conference
ISSN (Print)	0743-1619

Other

Other	2012 American Control Conference, ACC 2012
Country/Territory	Canada
City	Montreal, QC
Period	6/27/12 → 6/29/12

All Science Journal Classification (ASJC) codes

Electrical and Electronic Engineering

Access to Document

10.1109/acc.2012.6315148

Cite this

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title = "Inventory control of storage in distribution systems",

abstract = "Distribution-side energy storage is a natural mechanism for absorbing variability from renewable sources, and hence minimizing costly reliance on generator reserves. We consider a simple contract between a producer with uncertain output and storage. The optimal storage scheduling strategy is shown to be an inventory control-like policy, which we use to characterize the Nash equilibria arising between generation and storage.",

author = "Taylor, {Joshua A.} and Callaway, {Duncan S.} and Kameshwar Poolla",

year = "2012",

doi = "10.1109/acc.2012.6315148",

language = "English (US)",

isbn = "9781457710957",

series = "Proceedings of the American Control Conference",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "2147--2152",

booktitle = "2012 American Control Conference, ACC 2012",

address = "United States",

note = "2012 American Control Conference, ACC 2012 ; Conference date: 27-06-2012 Through 29-06-2012",

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Taylor, JA, Callaway, DS & Poolla, K 2012, Inventory control of storage in distribution systems. in 2012 American Control Conference, ACC 2012., 6315148, Proceedings of the American Control Conference, Institute of Electrical and Electronics Engineers Inc., pp. 2147-2152, 2012 American Control Conference, ACC 2012, Montreal, QC, Canada, 6/27/12. https://doi.org/10.1109/acc.2012.6315148

Inventory control of storage in distribution systems. / Taylor, Joshua A.; Callaway, Duncan S.; Poolla, Kameshwar.
2012 American Control Conference, ACC 2012. Institute of Electrical and Electronics Engineers Inc., 2012. p. 2147-2152 6315148 (Proceedings of the American Control Conference).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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T1 - Inventory control of storage in distribution systems

AU - Taylor, Joshua A.

AU - Callaway, Duncan S.

AU - Poolla, Kameshwar

PY - 2012

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N2 - Distribution-side energy storage is a natural mechanism for absorbing variability from renewable sources, and hence minimizing costly reliance on generator reserves. We consider a simple contract between a producer with uncertain output and storage. The optimal storage scheduling strategy is shown to be an inventory control-like policy, which we use to characterize the Nash equilibria arising between generation and storage.

AB - Distribution-side energy storage is a natural mechanism for absorbing variability from renewable sources, and hence minimizing costly reliance on generator reserves. We consider a simple contract between a producer with uncertain output and storage. The optimal storage scheduling strategy is shown to be an inventory control-like policy, which we use to characterize the Nash equilibria arising between generation and storage.

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M3 - Conference contribution

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BT - 2012 American Control Conference, ACC 2012

PB - Institute of Electrical and Electronics Engineers Inc.

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ER -

Inventory control of storage in distribution systems

Abstract

Publication series

Other

All Science Journal Classification (ASJC) codes

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