A Game-Theoretic Framework for Multiperiod-Multicompany Demand Response Management in the Smart Grid

By utilizing tools from the game theory, we develop a novel multiperiod-multicompany demand response framework considering the interactions between companies (sellers of energy) and their consumers (buyers of energy). We model the interactions in terms of a Stackelberg game, where companies set thei...

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Bibliographic Details
Published in:	IEEE transactions on control systems technology Vol. 29; no. 3; pp. 1019 - 1034
Main Authors:	Alshehri, Khaled, Liu, Ji, Chen, Xudong, Basar, Tamer
Format:	Journal Article
Language:	English
Published:	New York IEEE 01.05.2021 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Algorithms Closed form solutions Companies Consumers Demand side management Demand-side management (DSM) Distributed algorithms Energy consumption Energy management Equilibrium Exact solutions Game theory Games Incentives Load management power system economics Smart grid Smart grids Subdivisions Uniqueness Utilities
ISSN:	1063-6536, 1558-0865
Online Access:	Get full text
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