首页|Vickrey-Clark-Groves-based Method for Eradicating Deceptive Behaviors in Demand Response Transactions
Vickrey-Clark-Groves-based Method for Eradicating Deceptive Behaviors in Demand Response Transactions
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Demand response transactions between electric con-sumers,load aggregators,and the distribution network manag-er based on the"combination of price and incentive"are feasi-ble and efficient.However,the incentive payment of demand re-sponse is quantified based on private information,which gives the electric consumers and load aggregators the possibility of defrauding illegitimate interests by declaring false information.This paper proposes a method based on Vickrey-Clark-Groves(VCG)theory to prevent electric consumers and load aggrega-tors from taking illegitimate interests through deceptive behav-iors in the demand response transactions.Firstly,a demand re-sponse transaction framework with the price-and-incentive com-bined mode is established to illustrate the deceptive behaviors in the demand response transactions.Then,the idea for eradi-cating deceptive behaviors based on VCG theory is given,and a detailed VCG-based mathematical model is constructed follow-ing the demand response transaction framework.Further,the proofs of incentive compatibility,individual rationality,cost minimization,and budget balance of the proposed VCG-based method are given.Finally,a modified IEEE 33-node system and a modified IEEE 123-node system are used to illustrate and val-idate the proposed method.