Game-Theoretic Coalition Formulation Strategy for Reducing Power Loss in Micro Grids

A New Coalition Formation Approach for Power Losses Reduction in Electrical Power Micro-Grids

“…A key limitation of this research is that the merge and split algorithm used in this work is NP hard which makes it not scalable, thus it can't capture a large number of stations [13]. The authors of [14,15] study the same problem. The algorithm used in [15] is a heuristic algorithm which makes the numerical calculations more simpler.…”

“…The authors of [15] concluded that as the number of MGs increases, the power dissipation decreases, but the results show that with 2 MGs the improvement is 46.95% and with 10 MGs the improvement is 40.11%. The authors of [14] uses a price scheme to reflect the effect of cooperation in decreasing the cost of power in terms of power dissipation. Shapley value is used in [14] to distribute the worth among each coalition members.…”

“…The authors of [14] uses a price scheme to reflect the effect of cooperation in decreasing the cost of power in terms of power dissipation. Shapley value is used in [14] to distribute the worth among each coalition members. The main problem in the work of [14] is the merge and split algorithm, in addition to the not realistic circuit model used.…”

“…Shapley value is used in [14] to distribute the worth among each coalition members. The main problem in the work of [14] is the merge and split algorithm, in addition to the not realistic circuit model used. The authors of [13] present a hierarchical algorithm with a quadratic complexity which makes it more scalable.…”

Two‐level game algorithm for multi‐microgrid in electricity market

“…With the aim of reducing losses, the work in [11] studies multi‐microgrid cooperative strategy based on the cooperative game theory and the conclusion can be drawn that microgrid coalitions cut down losses efficiently. Compared with the isolated mode, multi‐microgrid achieves more interest in non‐cooperative mode, and the load characteristic gains improvement in [12]. It should be emphasised that isolated mode implies a microgrid operates without connection to another microgrid or distribution system while a non‐cooperative mode represents a microgrid operates interacting with the distribution system only, no other microgrid.…”