A comparative view of risk management in financial sector and in next generation power grid operation

2016 ◽  
Author(s):  
John N. Jiang ◽  
Chongqing Kang
Keyword(s):  
Risk Management ◽  
Power Grid ◽  
Financial Sector ◽  
Next Generation ◽  
Grid Operation ◽  
Generation Power

Grid Cyber-Physical System Risk Management Model Based on Cooperative Game Theory

2020 ◽  
Vol 21 (1) ◽  
Author(s):  
Cunbin Li ◽  
Ding Liu ◽  
Yi Wang ◽  
Chunyan Liang
Keyword(s):  
Game Theory ◽  
Risk Management ◽  
Cooperative Game ◽  
Physical System ◽  
Cooperative Game Theory ◽  
Power Grid ◽  
Management Model ◽  
Cyber Physical System ◽  
Model Based ◽  
Generation Power

AbstractAdvanced grid technology represented by smart grid and energy internet is the core feature of the next-generation power grid. The next-generation power grid will be a large-scale cyber-physical system (CPS), which will have a higher level of risk management due to its flexibility in sensing and control. This paper explains the methods and results of a study on grid CPS’s behavior after risk. Firstly, a behavior model based on hybrid automata is built to simulate grid CPS’s risk decisions. Then, a GCPS risk transfer model based on cooperative game theory is built. The model allows decisions to ignore complex network structures. On this basis, a modified applicant-proposing algorithm to achieve risk optimum is proposed. The risk management model proposed in this paper can provide references for power generation and transmission decision after risk as well as risk aversion, an empirical study in north China verifies its validity.

Cloud-Based Information Infrastructure for Next-Generation Power Grid: Conception, Architecture, and Applications

2016 ◽  
Vol 7 (4) ◽  
pp. 1896-1912 ◽  
Author(s):  
Fengji Luo ◽  
Junhua Zhao ◽  
Zhao Yang Dong ◽  
Yingying Chen ◽  
Yan Xu ◽  
...  
Keyword(s):  
Power Grid ◽  
Information Infrastructure ◽  
Next Generation ◽  
Generation Power

Leveraging the next-generation power grid: Data sharing and associated partnerships

2010 ◽  
Author(s):  
Daniel Germanus ◽  
Ioanna Dionysiou ◽  
Harald Gjermundrod ◽  
Abdelmajid Khelil ◽  
Neeraj Suri ◽  
...  
Keyword(s):  
Data Sharing ◽  
Power Grid ◽  
Next Generation ◽  
Grid Data ◽  
Generation Power

scholarly journals A survey on next-generation power grid data architecture

2015 ◽  
Author(s):  
Shutang You ◽  
Lin Zhu ◽  
Yong Liu ◽  
Hesen Liu ◽  
Yilu Liu ◽  
...  
Keyword(s):  
Power Grid ◽  
Next Generation ◽  
Grid Data ◽  
Data Architecture ◽  
Generation Power
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