Energy management for a user interactive smart community: A Stackelberg game approach

Wayes Tushar, Bo Chai, Chau Yuen, David B. Smith, H. Vincent Poor

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

16 Scopus citations

Abstract

This paper studies a three party energy management problem in a user interactive smart community that consists of a large number of residential units (RUs) with distributed energy resources (DERs), a shared facility controller (SFC) and the main grid. A Stackelberg game is formulated to benefit both the SFC and RUs, in terms of incurred cost and achieved utility respectively, from their energy trading with each other and the grid. The properties of the game are studied and it is shown that there exists a unique Stackelberg equilibrium (SE). A novel algorithm is proposed that can be implemented in a distributed fashion by both RUs and the SFC to reach the SE. The convergence of the algorithm is also proven, and shown to always reach the SE. Numerical examples are used to assess the properties and effectiveness of the proposed scheme.

Original languageEnglish (US)
Title of host publication2014 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2014
PublisherIEEE Computer Society
Pages709-714
Number of pages6
ISBN (Print)9781479913008
DOIs
StatePublished - 2014
Event2014 IEEE Innovative Smart Grid Technologies - Asia, ISGT Asia 2014 - Kuala Lumpur, Malaysia
Duration: May 20 2014May 23 2014

Publication series

Name2014 IEEE Innovative Smart Grid Technologies - Asia, ISGT ASIA 2014

Other

Other2014 IEEE Innovative Smart Grid Technologies - Asia, ISGT Asia 2014
Country/TerritoryMalaysia
CityKuala Lumpur
Period5/20/145/23/14

All Science Journal Classification (ASJC) codes

  • Management of Technology and Innovation

Keywords

  • Smart grid
  • distributed energy resources
  • energy management
  • game theory

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