Residential College | false |
Status | 已發表Published |
Incentive Mechanism Design for Electricity Data Trading With Data Valuation-Aware Contract | |
Ma, Liya; Hui, Hongxun; Song, Yonghua | |
2024-10 | |
Conference Name | 2024 IEEE Power & Energy Society General Meeting (PESGM) |
Source Publication | IEEE Power and Energy Society General Meeting |
Conference Date | 21-25 July 2024 |
Conference Place | Seattle, WA, USA |
Country | USA |
Publisher | IEEE Computer Society |
Abstract | With more generation fluctuations from the high penetration of renewable energies, dispatching large-scale demand-side resources becomes crucial in maintaining the power system balance between supply-side and demand-side. It puts forth significantly greater data requirements compared with traditional power systems, e.g. explosive data volume and highly frequent data collection between the data aggregators (DAs) and the data service operator (DTSO). Preferred by the DTSO, higher-value data with better data quality and timeliness will bring more benefits to the real-time dispatching of the demand-side resources than lower-value data. Thus, the data should be collected, transmitted, and traded in accordance with their varying values across different DAs. To resolve this issue, this paper proposes an incentive mechanism for electricity data trading between DAs and the DTSO, incorporating a data valuation-aware contract. First, we develop a data valuation model considering the data quality and timeliness. Then, taking into account the diverse value of data across DAs, we design a trading volume-reward bundled contract for DAs. The DTSO provides DAs with varying rewards to obtain higher-value data. Finally, the effectiveness of the proposed mechanism is validated using realistic data. |
Keyword | Data Trading Data Valuation Incentive Mechanism Trading Volume-reward Bundled Contract Data Privacy Renewable Energy Sources Electricity Data Integrity Dispatching Data Models Real-time Systems Power Systems Contracts Cost Accounting |
DOI | 10.1109/PESGM51994.2024.10689218 |
URL | View the original |
Language | 英語English |
Scopus ID | 2-s2.0-85207445807 |
Fulltext Access | |
Citation statistics | |
Document Type | Conference paper |
Collection | Faculty of Science and Technology THE STATE KEY LABORATORY OF INTERNET OF THINGS FOR SMART CITY (UNIVERSITY OF MACAU) DEPARTMENT OF ELECTRICAL AND COMPUTER ENGINEERING |
Corresponding Author | Hui, Hongxun |
Affiliation | University of Macau, State Key Laboratory of Internet of Things for Smart City, Department of Electrical and Computer Engineering, Macau, Macao |
First Author Affilication | University of Macau |
Corresponding Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Ma, Liya,Hui, Hongxun,Song, Yonghua. Incentive Mechanism Design for Electricity Data Trading With Data Valuation-Aware Contract[C]:IEEE Computer Society, 2024. |
APA | Ma, Liya., Hui, Hongxun., & Song, Yonghua (2024). Incentive Mechanism Design for Electricity Data Trading With Data Valuation-Aware Contract. IEEE Power and Energy Society General Meeting. |
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