A survey of game theoretic approaches in smart grid

Zubair Md Fadlullah, Yousuke Nozaki, Akira Takeuchi, Nei Kate

Research output: Chapter in Book/Report/Conference proceedingConference contribution

55 Citations (Scopus)

Abstract

The concept of smart grid to transform the age-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, to date, 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. Nevertheless, all the game theoretic approaches for making effective smart grid solutions have a common aspect, namely the Nash equilibrium, arriving at which may lead to an optimal solution to the relevant problem. In this paper, we survey a number of game theory-based applications to solve different problems in smart grid. This survey reveals that game theory can be apparently simple yet become an effective technique to facilitate intelligent decision making in smart grid frameworks.

Original languageEnglish
Title of host publication2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011
DOIs
Publication statusPublished - 2011 Dec 1
Event2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011 - Nanjing, China
Duration: 2011 Nov 92011 Nov 11

Publication series

Name2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011

Other

Other2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011
CountryChina
CityNanjing
Period11/11/911/11/11

Keywords

  • Smart grid
  • game theory

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Signal Processing

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  • Cite this

    Fadlullah, Z. M., Nozaki, Y., Takeuchi, A., & Kate, N. (2011). A survey of game theoretic approaches in smart grid. In 2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011 [6096962] (2011 International Conference on Wireless Communications and Signal Processing, WCSP 2011). https://doi.org/10.1109/WCSP.2011.6096962