E-price

This project proposes an advanced ICT and control framework for ancillary services (reserve capacity) which allows a more intelligent solution by giving consumers and producers clear, real-time financial incentives to adapt their consumption/production according to the actual needs of the power system. This demand-side management is being made possible by the large scale introduction of Smart meters. This design is based on a distributed control structure. enabled by a fast ICT infrastructure and advanced control theory to reliably and economically deal with the necessary ancillary services.