| Cloud Computing presents a novel way for businesses to procure their IT needs. Its elasticity and on-demand provisioning enables a shift from capital expenditures to operating expenses, giving businesses the technological agility they need to respond to an ever-changing marketplace. The rapid adoption of Cloud Computing, however, poses a unique challenge to Cloud providers—their already very large electricity bill and carbon footprint will get larger as they expand; managing both costs is therefore essential to their growth.;This thesis squarely addresses the above challenge. Recognizing the presence of Cloud data centers in multiple locations and the differences in electricity price and emission intensity among these locations and over time, we develop an optimization framework that couples workload distribution with time-varying signals on electricity price and emission intensity for financial and environmental benefits. The framework is comprised of an optimization model, an aggregate cost function, and 6 scheduling heuristics.;To evaluate cost savings, we run simulations with 5 data centers located across North America over a period of 81 days. We use historical data on electricity price, emission intensity, and workload collected from market operators and research data archives. We find that our framework can produce substantial cost savings, especially when workloads are distributed both geographically and temporally—up to 53.35% on electricity cost, or 29.13% on carbon cost, or 51.44% on electricity cost and 13.14% on carbon cost simultaneously. |
