Drenyovszki, Rajmund and Kovács, Lóránt and Tornai, Kálmán and Oláh, András and Pintér, István (2016) Lower tail estimation with Chernoff bound and its application for balancing electricity load by storage admission. GRADUS, 3 (2(2016). pp. 13-22. ISSN 2064-8014
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Abstract
In this paper we investigate the applicability of the Chernorff inequality in finding an upper bound on the probability of the lower. tai of the aggregate load. The importance of Demand Side Management (DSM) programs in power networks has increased recently, especially because of the new challenges like intensive use of renewable energy sources (wind, photovoltaic) and the expected high penetration of Electric Vehicles (EV). We show that Chernoff bound has the potential to be incorporated in DSM algorithms to integrate energy storage (e.g. batteries) elements into the power grid and facilitate load shifting.
| Item Type: | Article |
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| Uncontrolled Keywords: | Large Deviation Theory, Chernoff bound, valley filing, smart grid, Demand Side Management |
| Subjects: | Q Science / természettudomány > QA Mathematics / matematika > QA75 Electronic computers. Computer science / számítástechnika, számítógéptudomány T Technology / alkalmazott, műszaki tudományok > TA Engineering (General). Civil engineering (General) / általános mérnöki tudományok |
| Depositing User: | Zoltán Subecz |
| Date Deposited: | 24 Jun 2020 15:59 |
| Last Modified: | 03 Apr 2023 06:50 |
| URI: | http://real.mtak.hu/id/eprint/110228 |
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