Demand-Side Management in Smart Grid Using Game Theory

In this work, we study the field of smart grid and the application of game theory in demand-side management problems. According to the fundamental problem we tried to solve, we define the main objectives: Study how to implement relevant game theory tools for demand-side management and propose a control system model that uses these principles to solve the fundamental problem. We proposed a system model framework contain three main components: consumer characterization method, fair division allocation and an energy consumption controller. The model framework was based on a new method that we develop, called Asynchronous Consumption Mode. Simulation results demonstrate how our model framework satisfies the fundamental problem and the work objectives.