Analysis of distributed energy management scheme for residential consumers using non-cooperative game

Demand response (DR) technique has resulted in fundamentally shifting the way energy demand is managed in the smart grid. Most of the previous studies focus only on single user energy management. However, it affects the system parameters adversely. Now-a-days, DR schemes focus on finding a solution that works well for individuals as well as overall system behavior. In this paper, a distributed energy management scheme is analyzed to achieve a flat load profile and minimize the energy cost of each user. A real-time price based quadratic cost function is considered to charge the customers. In simulation results, it is shown that the peak as well as the total electricity cost of the system is reduced. Individual energy cost is also minimized