Today, I presented our research on Network-Aware Mechanism Design for Energy Communities at Caltech for the Foundations of Algorithms, Learning, Control, and Optimization of Networks (FALCON) group and the Rigorous Systems Research Group (RSRG)!
This research focuses on optimizing resource sharing in decentralized energy communities. Our proposed two-part dynamic pricing encourages fair and efficient energy use while considering network constraints.
For more details, check out our papers:
A decentralized market mechanism for energy communities under operating envelopes (IEEE TCNS, 2024)
Operating-envelopes-aware decentralized welfare maximization for energy communities (IEEE Allerton, 2023)
Talk slides can be accessed here
#EnergyCommunities #MechanismDesign #Optimization #GameTheory #OptimalDecisions