Name
Abstract | ||
|---|---|---|
The future power grid will incorporate the information and communications technology (ICT), that is, smart grid. With help of a two-way communication infrastructure, a real-time demand response can be applied. A smart grid network consisting of one retailer and many customers is considered. The retailer broadcasts the electricity price information. Then, the customers consume electricity to maximize their payoffs. This paper designs a Stackelberg game and derives the solution of the game, i.e., a Stackelberg equilibrium. |
Year | DOI | Venue |
|---|---|---|
2013 | 10.1109/ICTC.2013.6675332 | ICTC |
Keywords | Field | DocType |
demand side management,game theory,power markets,pricing,smart power grids,ict,stackelberg equilibrium,stackelberg game,demand response design,electricity price information,information and communications technology,real time demand response,smart grid network,two-way communication infrastructure | Smart grid,Computer science,Electricity,Demand response,Operations research,Power grid,Information and Communications Technology,Game theory,Electricity price,Stackelberg competition | Conference |
Citations | PageRank | References |
0 | 0.34 | 1 |
Authors | ||
4 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Sung-Guk Yoon | 1 | 49 | 6.81 |
| Young-June Choi | 2 | 311 | 32.48 |
| Jong-Keun Park | 3 | 0 | 0.68 |
| Saewoong Bahk | 4 | 1024 | 112.58 |