{"id":"https://openalex.org/W2148301570","doi":"https://doi.org/10.1155/2014/340842","title":"A New Pricing Scheme for Controlling Energy Storage Devices in Future Smart Grid","display_name":"A New Pricing Scheme for Controlling Energy Storage Devices in Future Smart Grid","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2148301570","doi":"https://doi.org/10.1155/2014/340842","mag":"2148301570"},"language":"en","primary_location":{"id":"doi:10.1155/2014/340842","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2014/340842","pdf_url":"https://downloads.hindawi.com/journals/jam/2014/340842.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://downloads.hindawi.com/journals/jam/2014/340842.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040601544","display_name":"Jingwei Zhu","orcid":"https://orcid.org/0000-0002-0229-1011"},"institutions":[{"id":"https://openalex.org/I157725225","display_name":"University of Illinois Urbana-Champaign","ror":"https://ror.org/047426m28","country_code":"US","type":"education","lineage":["https://openalex.org/I157725225"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jingwei Zhu","raw_affiliation_strings":["Department of Mechanical Science and Engineering, University of Illinois at Urbana-Champaign, IL 61801, USA"],"raw_orcid":"https://orcid.org/0000-0002-0229-1011","affiliations":[{"raw_affiliation_string":"Department of Mechanical Science and Engineering, University of Illinois at Urbana-Champaign, IL 61801, USA","institution_ids":["https://openalex.org/I157725225"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5021253350","display_name":"Michael Z. Q. Chen","orcid":"https://orcid.org/0000-0001-7922-8371"},"institutions":[{"id":"https://openalex.org/I889458895","display_name":"University of Hong Kong","ror":"https://ror.org/02zhqgq86","country_code":"HK","type":"education","lineage":["https://openalex.org/I889458895"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Michael Z. Q. Chen","raw_affiliation_strings":["Department of Mechanical Engineering, The University of Hong Kong, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mechanical Engineering, The University of Hong Kong, Hong Kong","institution_ids":["https://openalex.org/I889458895"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036365863","display_name":"Baozhu Du","orcid":"https://orcid.org/0000-0002-7617-4328"},"institutions":[{"id":"https://openalex.org/I36399199","display_name":"Nanjing University of Science and Technology","ror":"https://ror.org/00xp9wg62","country_code":"CN","type":"education","lineage":["https://openalex.org/I36399199"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Baozhu Du","raw_affiliation_strings":["School of Automation, Nanjing University of Science and Technology, Nanjing 210094, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Automation, Nanjing University of Science and Technology, Nanjing 210094, China","institution_ids":["https://openalex.org/I36399199"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5036365863"],"corresponding_institution_ids":["https://openalex.org/I36399199"],"apc_list":{"value":1050,"currency":"USD","value_usd":1050},"apc_paid":{"value":1050,"currency":"USD","value_usd":1050},"fwci":0.3482,"has_fulltext":true,"cited_by_count":4,"citation_normalized_percentile":{"value":0.68694292,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":"2014","issue":null,"first_page":"1","last_page":"11"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"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":0.9998999834060669,"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/T10223","display_name":"Microgrid Control and Optimization","score":0.9993000030517578,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems 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/T10917","display_name":"Smart Grid Security and Resilience","score":0.9973999857902527,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems 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/smart-grid","display_name":"Smart grid","score":0.6787390112876892},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6636016368865967},{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.6610891819000244},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.6050219535827637},{"id":"https://openalex.org/keywords/grid","display_name":"Grid","score":0.5815502405166626},{"id":"https://openalex.org/keywords/software-deployment","display_name":"Software deployment","score":0.5083369612693787},{"id":"https://openalex.org/keywords/scheme","display_name":"Scheme (mathematics)","score":0.43300601840019226},{"id":"https://openalex.org/keywords/cost-reduction","display_name":"Cost reduction","score":0.4177000820636749},{"id":"https://openalex.org/keywords/distributed-computing","display_name":"Distributed computing","score":0.35728147625923157},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.33713215589523315},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.2122977375984192},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.1419779658317566},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.12319767475128174},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.09552198648452759}],"concepts":[{"id":"https://openalex.org/C10558101","wikidata":"https://www.wikidata.org/wiki/Q689855","display_name":"Smart grid","level":2,"score":0.6787390112876892},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6636016368865967},{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.6610891819000244},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.6050219535827637},{"id":"https://openalex.org/C187691185","wikidata":"https://www.wikidata.org/wiki/Q2020720","display_name":"Grid","level":2,"score":0.5815502405166626},{"id":"https://openalex.org/C105339364","wikidata":"https://www.wikidata.org/wiki/Q2297740","display_name":"Software deployment","level":2,"score":0.5083369612693787},{"id":"https://openalex.org/C77618280","wikidata":"https://www.wikidata.org/wiki/Q1155772","display_name":"Scheme (mathematics)","level":2,"score":0.43300601840019226},{"id":"https://openalex.org/C2778820799","wikidata":"https://www.wikidata.org/wiki/Q3454688","display_name":"Cost reduction","level":2,"score":0.4177000820636749},{"id":"https://openalex.org/C120314980","wikidata":"https://www.wikidata.org/wiki/Q180634","display_name":"Distributed computing","level":1,"score":0.35728147625923157},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.33713215589523315},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.2122977375984192},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.1419779658317566},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.12319767475128174},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.09552198648452759},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1155/2014/340842","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2014/340842","pdf_url":"https://downloads.hindawi.com/journals/jam/2014/340842.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},{"id":"pmh:oai:CULeuclid:euclid.jam/1425051680","is_oa":false,"landing_page_url":"http://projecteuclid.org/euclid.jam/1425051680","pdf_url":null,"source":{"id":"https://openalex.org/S4306400787","display_name":"Project Euclid (Cornell University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Text"},{"id":"pmh:oai:RePEc:hin:jnljam:340842","is_oa":false,"landing_page_url":"http://downloads.hindawi.com/journals/JAM/2014/340842.xml","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:28951da289a449ac8a8f9b9a3aa7afbe","is_oa":true,"landing_page_url":"https://doaj.org/article/28951da289a449ac8a8f9b9a3aa7afbe","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Applied Mathematics, Vol 2014 (2014)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1155/2014/340842","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2014/340842","pdf_url":"https://downloads.hindawi.com/journals/jam/2014/340842.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.6299999952316284,"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7"}],"awards":[{"id":"https://openalex.org/G1276254701","display_name":null,"funder_award_id":"under Grants 61374053","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G1299055134","display_name":"\u7f51\u7edc\u7efc\u5408\u53ca\u5176\u5728\u60ac\u6302\u7cfb\u7edf\u4e2d\u7684\u5e94\u7528","funder_award_id":"61374053","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3551993503","display_name":null,"funder_award_id":"61374053","funder_id":"https://openalex.org/F4320322170","funder_display_name":"University of Hong Kong"},{"id":"https://openalex.org/G4602722802","display_name":null,"funder_award_id":"61104118","funder_id":"https://openalex.org/F4320322170","funder_display_name":"University of Hong Kong"},{"id":"https://openalex.org/G5945231143","display_name":null,"funder_award_id":"201111159110","funder_id":"https://openalex.org/F4320322170","funder_display_name":"University of Hong Kong"},{"id":"https://openalex.org/G7804633970","display_name":null,"funder_award_id":"201111159110","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8524395001","display_name":"\u8f93\u5165\u65f6\u6ede\u7cfb\u7edf\u63a7\u5236\u5206\u6790\u53ca\u5176Airy\u6ce2\u6270\u52a8\u6291\u5236\u7814\u7a76","funder_award_id":"61104118","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320322170","display_name":"University of Hong Kong","ror":"https://ror.org/02zhqgq86"},{"id":"https://openalex.org/F4320323191","display_name":"Nanjing University of Science and Technology","ror":"https://ror.org/00xp9wg62"},{"id":"https://openalex.org/F4320324852","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2148301570.pdf","grobid_xml":"https://content.openalex.org/works/W2148301570.grobid-xml"},"referenced_works_count":21,"referenced_works":["https://openalex.org/W173652927","https://openalex.org/W1889841741","https://openalex.org/W1977146286","https://openalex.org/W1984560471","https://openalex.org/W1992219760","https://openalex.org/W1993958856","https://openalex.org/W2029623232","https://openalex.org/W2030949386","https://openalex.org/W2043684544","https://openalex.org/W2050495423","https://openalex.org/W2058696700","https://openalex.org/W2068060907","https://openalex.org/W2080852688","https://openalex.org/W2107303585","https://openalex.org/W2112664678","https://openalex.org/W2117759949","https://openalex.org/W2124141629","https://openalex.org/W2129500603","https://openalex.org/W2146531934","https://openalex.org/W2165685416","https://openalex.org/W4300050894"],"related_works":["https://openalex.org/W96612179","https://openalex.org/W2770234245","https://openalex.org/W2566006169","https://openalex.org/W2987774938","https://openalex.org/W632915154","https://openalex.org/W4229499248","https://openalex.org/W4378874356","https://openalex.org/W2055733372","https://openalex.org/W2369811061","https://openalex.org/W3089997100"],"abstract_inverted_index":{"Improvement":[0],"of":[1,5,10,15,18,88,114,121,141],"the":[2,11,16,31,68,73,89,112],"overall":[3],"efficiency":[4],"energy":[6,24,69,94,115,124,145],"infrastructure":[7],"is":[8],"one":[9,64],"main":[12],"anticipated":[13],"benefits":[14],"deployment":[17],"smart":[19],"grid":[20,74,90,130],"technology.":[21],"Advancement":[22],"in":[23,30,72],"storage":[25,48,70,116,146],"technology":[26],"and":[27,46,98,132,143],"two-way":[28],"communication":[29],"electric":[32],"network":[33],"are":[34,50],"indispensable":[35],"components":[36],"to":[37,65,75,110,129],"achieve":[38,76],"such":[39,92],"a":[40,58,77,85,103],"vision,":[41],"while":[42],"efficient":[43],"pricing":[44,60,104],"schemes":[45],"appropriate":[47],"management":[49],"also":[51],"essential.":[52],"In":[53],"this":[54],"paper,":[55],"we":[56],"propose":[57],"universal":[59],"scheme":[61,105],"which":[62],"permits":[63],"indirectly":[66],"control":[67,111],"devices":[71,117],"more":[78],"desirable":[79],"aggregate":[80],"demand":[81],"profile":[82],"that":[83,126],"meets":[84],"particular":[86],"target":[87],"operator":[91],"as":[93,137],"generation":[95],"cost":[96],"minimization":[97],"carbon":[99],"emission":[100],"reduction.":[101],"Such":[102],"can":[106],"potentially":[107],"be":[108],"applied":[109],"behavior":[113],"installed":[118],"for":[119],"integration":[120],"intermittent":[122],"renewable":[123],"sources":[125],"have":[127,134],"permission":[128],"connection":[131],"will":[133],"broader":[135],"applications":[136],"an":[138],"increasing":[139],"number":[140],"novel":[142],"low-cost":[144],"technologies":[147],"emerge.":[148]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-07-23T08:03:31.855105","created_date":"2025-10-10T00:00:00"}
