In this work we deploy a mechanism design approach for allocating a divisible commodity (electricity in our example) among con- sumers. We consider each consumer with an associated personal valua- tion function of the energy resource during a certain time interval. We aim to select the optimal consumption profile for every user avoiding consumption peaks when the total required energy could exceed the en- ergy production. The mechanism will be able to drive users in shifting energy consumptions in different hours of the day. We start by presenting a very basic Vickrey-Clarke-Groves mechanism, we discuss its weakness and propose several more complex variants.

Mechanism Design Approach for Energy Efficiency

CULMONE, Rosario;GIULIODORI, PAOLO;
2016-01-01

Abstract

In this work we deploy a mechanism design approach for allocating a divisible commodity (electricity in our example) among con- sumers. We consider each consumer with an associated personal valua- tion function of the energy resource during a certain time interval. We aim to select the optimal consumption profile for every user avoiding consumption peaks when the total required energy could exceed the en- ergy production. The mechanism will be able to drive users in shifting energy consumptions in different hours of the day. We start by presenting a very basic Vickrey-Clarke-Groves mechanism, we discuss its weakness and propose several more complex variants.
2016
298
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11581/394663
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