Differentially Private Dynamic Pricing for Efficient Demand Response in Smart Grid

Muneeb Ul Hassan, Mubashir Husain Rehmani, Jinjun Chen

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

5 Citations (Scopus)

Abstract

Efficient load utilization in order to match electric supply is one of the most considered factors in smart grid management. Demand side management (DSM) strategies such as real-time dynamic energy pricing has motivated customers to efficiently use their energy in order to reduce their bills intelligently. However, this real-time dynamic pricing can be a threat to privacy of smart homes inhabitants, as their lifestyle can easily be revealed via these real-time electricity values. Therefore, a strong privacy preserving strategy needs to be incorporated with real-time pricing. In this paper, we propose a Differentially private demand Response enhancing Dynamic Pricing (DRDP) strategy that incorporates the advantages of differential privacy, and usage based dynamic billing. The proposed strategy effectively protects user's privacy along with enhancing dynamic pricing by incentivizing the participating smart homes.

Original languageEnglish
Title of host publication2020 IEEE International Conference on Communications, ICC 2020 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728150895
DOIs
Publication statusPublished - Jun 2020
Externally publishedYes
Event2020 IEEE International Conference on Communications, ICC 2020 - Dublin, Ireland
Duration: 07 Jun 202011 Jun 2020

Publication series

NameIEEE International Conference on Communications
Volume2020-June
ISSN (Print)1550-3607

Conference

Conference2020 IEEE International Conference on Communications, ICC 2020
Country/TerritoryIreland
CityDublin
Period07/06/202011/06/2020

Keywords

  • Demand Response
  • Demand Side Management (DSM)
  • Differential Privacy (DP)
  • Dynamic Pricing
  • Privacy Preservation
  • Smart Grid (SG)

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