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Game-Based Control Approach for Smart Grid

Game-Based Control Approach for Smart Grid
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Copyright: 2014
Pages: 18
Source title: Game Theory Applications in Network Design
Source Author(s)/Editor(s): Sungwook Kim (Sogang University, South Korea)
DOI: 10.4018/978-1-4666-6050-2.ch015

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Abstract

The concept of smart grid to transform the old power grid into a smart and intelligent electric power distribution system is, currently, a hot research topic. Smart grid offers the merging of electrical power engineering technologies with network communications. Game theory has featured as an interesting technique, adopted by many researchers, to establish effective smart grid communications. The use of game theory has offered solutions to various decision-making problems, ranging from distributed load management to micro storage management in smart grid. Interestingly, different researchers have different objectives or problem scopes for adopting game theory in smart grid. This chapter explores the game-based approach.

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