16th International Conference on Advanced Communication Technology 2014
DOI: 10.1109/icact.2014.6779040
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Cooperative power consumption in the smart grid based on coalition formation game

Abstract: Abstract-The power consumption schemes of consumers is an important issue in energy management process in smart grid. The non-cooperative methods which are always considered cannot achieve the maximized performance for consumers and networks. In this paper, we propose a cooperative power consumption scheme for consumers based on coalition formation game, which is suitable for the general electricity markets in smart grid. The advantage is that it can utilize the cooperative relationships among each other for p… Show more

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Cited by 9 publications
(1 citation statement)
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“…A game theory based matchmaking solution that harmonizes load demands with the instantaneously available power, as well as the amount of stored renewable energy in smart grids is proposed in [72]. A coalition game is presented in [73] to allow consumers not only to maximize their cost savings (i.e., by scheduling their power consumption), but also to consider the social welfare in the network as well.…”
Section: Game Theory In Smart Gridsmentioning
confidence: 99%
“…A game theory based matchmaking solution that harmonizes load demands with the instantaneously available power, as well as the amount of stored renewable energy in smart grids is proposed in [72]. A coalition game is presented in [73] to allow consumers not only to maximize their cost savings (i.e., by scheduling their power consumption), but also to consider the social welfare in the network as well.…”
Section: Game Theory In Smart Gridsmentioning
confidence: 99%