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Privacy vs. Pricing for Smart Grids

Authors:
Stojan Z. Denic
Georgios Kalogridis
Zhong Fan

Keywords: Smart grid privacy; pricing

Abstract:
In this paper, problems of privacy protection and power pricing for a new generation of electric power networks are addressed simultaneously. For an adopted electric power cost function, effects of the application of a privacy algorithm are studied. It is illustrated that a privacy algorithm can affect the price of the electric power by modulating the consumer's demand. It turns out that the effect is more pronounced for the networks with high uncertainty and inefficiency in power production.

Pages: 153 to 158

Copyright: Copyright (c) IARIA, 2011

Publication date: May 22, 2011

Published in: conference

ISSN: 2308-412X

ISBN: 978-1-61208-136-6

Location: Venice/Mestre, Italy

Dates: from May 22, 2011 to May 27, 2011