Provided by: University of Peloponnese
Topic: Big Data
Date Added: Dec 2012
Increased demand for cloud computing services has ushered power management schemes into the frontlines of data center research. Meanwhile, market penetration of intermittent renewable energy sources (e.g., wind and solar) is on the rise. While clean and abundant, their intermittency is troubling for utility companies, requiring power balancing reserves to be deployed at anytime to precisely match consumer demand with energy availability. However, a transformative redesign of the authors' power grid is looming, calling for the use of dynamic energy pricing to resolve this issue by possibly shaping demand.