{"id":"https://openalex.org/W4389400595","doi":"https://doi.org/10.1109/smartgridcomm57358.2023.10333958","title":"Optimal Energy Storage Operation under Demand Uncertainty: A Prospect Theory Analysis","display_name":"Optimal Energy Storage Operation under Demand Uncertainty: A Prospect Theory Analysis","publication_year":2023,"publication_date":"2023-10-31","ids":{"openalex":"https://openalex.org/W4389400595","doi":"https://doi.org/10.1109/smartgridcomm57358.2023.10333958"},"language":"en","primary_location":{"id":"doi:10.1109/smartgridcomm57358.2023.10333958","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm57358.2023.10333958","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids (SmartGridComm)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064848734","display_name":"Qisheng Huang","orcid":"https://orcid.org/0000-0002-2818-6527"},"institutions":[{"id":"https://openalex.org/I204983213","display_name":"Harbin Institute of Technology","ror":"https://ror.org/01yqg2h08","country_code":"CN","type":"education","lineage":["https://openalex.org/I204983213"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Qisheng Huang","raw_affiliation_strings":["Harbin Institute of Technology, Shenzhen,School of Mechanical Engineering and Automation,Shenzhen,China,518055"],"affiliations":[{"raw_affiliation_string":"Harbin Institute of Technology, Shenzhen,School of Mechanical Engineering and Automation,Shenzhen,China,518055","institution_ids":["https://openalex.org/I204983213"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5059434416","display_name":"Jin Xu","orcid":"https://orcid.org/0000-0002-6377-1190"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jin Xu","raw_affiliation_strings":["Huazhong University of Science and Technology,School of Management,Wuhan,China","School of Management, Huazhong University of Science and Technology, Wuhan, China"],"affiliations":[{"raw_affiliation_string":"Huazhong University of Science and Technology,School of Management,Wuhan,China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"School of Management, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5114106328","display_name":"Peng Sun","orcid":null},"institutions":[{"id":"https://openalex.org/I16609230","display_name":"Hunan University","ror":"https://ror.org/05htk5m33","country_code":"CN","type":"education","lineage":["https://openalex.org/I16609230"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Peng Sun","raw_affiliation_strings":["Hunan University,College of Computer Science and Electronic Engineering,Changsha,China,410082"],"affiliations":[{"raw_affiliation_string":"Hunan University,College of Computer Science and Electronic Engineering,Changsha,China,410082","institution_ids":["https://openalex.org/I16609230"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5114377956","display_name":"Bo Liu","orcid":null},"institutions":[{"id":"https://openalex.org/I4210104064","display_name":"Shenzhen Academy of Robotics","ror":"https://ror.org/01h027j09","country_code":"CN","type":"facility","lineage":["https://openalex.org/I4210104064"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Bo Liu","raw_affiliation_strings":["Shenzhen Institute of Artificial Intelligence and Robotics for Society,Shenzhen,China","Shenzhen Institute of Artificial Intelligence and Robotics for Society, Shenzhen, China"],"affiliations":[{"raw_affiliation_string":"Shenzhen Institute of Artificial Intelligence and Robotics for Society,Shenzhen,China","institution_ids":["https://openalex.org/I4210104064"]},{"raw_affiliation_string":"Shenzhen Institute of Artificial Intelligence and Robotics for Society, Shenzhen, China","institution_ids":["https://openalex.org/I4210104064"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5005174253","display_name":"Costas Courcoubetis","orcid":"https://orcid.org/0000-0001-9568-0640"},"institutions":[{"id":"https://openalex.org/I4210116924","display_name":"Chinese University of Hong Kong, Shenzhen","ror":"https://ror.org/02d5ks197","country_code":"CN","type":"education","lineage":["https://openalex.org/I177725633","https://openalex.org/I180726961","https://openalex.org/I4210116924"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Costas Courcoubetis","raw_affiliation_strings":["The Chinese University of Hong Kong, Shenzhen,School of Data Science,Shenzhen,China,518712"],"affiliations":[{"raw_affiliation_string":"The Chinese University of Hong Kong, Shenzhen,School of Data Science,Shenzhen,China,518712","institution_ids":["https://openalex.org/I4210116924"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5064848734"],"corresponding_institution_ids":["https://openalex.org/I204983213"],"apc_list":null,"apc_paid":null,"fwci":0.2674,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.55768464,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":95},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"6"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11052","display_name":"Energy Load and Power Forecasting","score":0.9635999798774719,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10969","display_name":"Water resources management and optimization","score":0.9552000164985657,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5416204929351807},{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.5336991548538208},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.3358592987060547},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.3316055238246918},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.33057355880737305},{"id":"https://openalex.org/keywords/reliability-engineering","display_name":"Reliability engineering","score":0.32838281989097595},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.19508111476898193},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.15143337845802307},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.10556715726852417}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5416204929351807},{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.5336991548538208},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3358592987060547},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.3316055238246918},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.33057355880737305},{"id":"https://openalex.org/C200601418","wikidata":"https://www.wikidata.org/wiki/Q2193887","display_name":"Reliability engineering","level":1,"score":0.32838281989097595},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.19508111476898193},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.15143337845802307},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.10556715726852417},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/smartgridcomm57358.2023.10333958","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm57358.2023.10333958","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids (SmartGridComm)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Affordable and clean energy","score":0.8600000143051147,"id":"https://metadata.un.org/sdg/7"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335787","display_name":"Fundamental Research Funds for the Central Universities","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":25,"referenced_works":["https://openalex.org/W33891176","https://openalex.org/W51272942","https://openalex.org/W1982820363","https://openalex.org/W2007540906","https://openalex.org/W2007853386","https://openalex.org/W2041946752","https://openalex.org/W2065067102","https://openalex.org/W2065277645","https://openalex.org/W2120505991","https://openalex.org/W2274315790","https://openalex.org/W2280878898","https://openalex.org/W2339144728","https://openalex.org/W2501288577","https://openalex.org/W2752935005","https://openalex.org/W2761738611","https://openalex.org/W2769010548","https://openalex.org/W2789689524","https://openalex.org/W2907072647","https://openalex.org/W2912080816","https://openalex.org/W2918603110","https://openalex.org/W2935557873","https://openalex.org/W2962679777","https://openalex.org/W2963438165","https://openalex.org/W2965729466","https://openalex.org/W4285512448"],"related_works":["https://openalex.org/W4376453582","https://openalex.org/W3147033875","https://openalex.org/W1568390478","https://openalex.org/W2764722704","https://openalex.org/W318913410","https://openalex.org/W2355543518","https://openalex.org/W2601840227","https://openalex.org/W2131832954","https://openalex.org/W4205240067","https://openalex.org/W2374901194"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3,101],"study":[4],"the":[5,52,62,79,96,106,111,115,124,155,168,172,181],"consumer\u2019s":[6,80,125],"optimal":[7,107],"energy":[8,19,25,44,82,148,169],"storage":[9,20,26,45,83,149,170],"operation":[10,46,84],"problem":[11,55],"under":[12,37],"demand":[13,30,176],"uncertainty.":[14],"Each":[15],"consumer":[16,59,162],"can":[17],"purchase":[18],"service":[21],"from":[22,31,74],"an":[23],"independent":[24],"aggregator":[27],"to":[28,34,77,94,104,146,150,166,180],"shift":[29],"peak":[32],"periods":[33,36],"off-peak":[35],"time-of-use":[38],"(ToU)":[39],"pricing.":[40],"Previous":[41],"studies":[42],"on":[43,51,61,132],"and":[47,119,158],"investment":[48],"mainly":[49],"focused":[50],"expected":[53,63],"cost-minimization":[54],"of":[56,114,174],"a":[57,69,129,136,139,160],"risk-neutral":[58],"based":[60],"utility":[64],"theory":[65,71],"(EUT).":[66],"We":[67],"propose":[68],"prospect":[70],"(PT)":[72],"model":[73],"behavioral":[75],"economics":[76],"understand":[78],"realistic":[81],"behaviors":[85],"considering":[86],"their":[87],"risk":[88,126,152],"preferences.":[89],"Although":[90],"it":[91],"is":[92,143,163,177],"challenging":[93],"solve":[95],"PT-based":[97],"non-convex":[98],"optimization":[99],"problem,":[100],"are":[102],"able":[103],"characterize":[105],"solution":[108],"by":[109],"exploiting":[110],"unimodal":[112],"structure":[113],"objective":[116],"function.":[117],"Theoretical":[118],"numerical":[120],"results":[121],"show":[122],"that":[123],"preferences":[127],"have":[128],"significant":[130],"impact":[131],"his":[133],"decisions:":[134],"1)":[135],"PT-consumer":[137],"with":[138,154],"low":[140],"reference":[141],"point":[142],"more":[144,164],"willing":[145,165],"use":[147,167],"reduce":[151],"compared":[153],"EUT":[156],"benchmark;":[157],"2)":[159],"PT":[161],"when":[171],"probability":[173,182],"high":[175],"small,":[178],"due":[179],"distortion.":[183]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
