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As the number of prosumers with distributed energy resources (DERs) grows, the conventional centralized operation scheme may suffer from conflicting interests, privacy concerns, and incentive inadequacy. In this paper, we propose an energy…

Computer Science and Game Theory · Computer Science 2022-06-29 Yue Chen , Changhong Zhao , Steven H. Low , Adam Wierman

In this paper, the problem of energy trading between smart grid prosumers, who can simultaneously consume and produce energy, and a grid power company is studied. The problem is formulated as a single-leader, multiple-follower Stackelberg…

Computer Science and Game Theory · Computer Science 2017-09-19 Georges El Rahi , S. Rasoul Etesami , Walid Saad , Narayan Mandayam , H. Vincent Poor

Coalitional control is concerned with the management of multi-agent systems where cooperation cannot be taken for granted (due to, e.g., market competition, logistics). This paper proposes a model predictive control (MPC) framework aimed at…

Systems and Control · Electrical Eng. & Systems 2021-08-03 Filiberto Fele , Ezequiel Debada , José M. Maestre , Eduardo F. Camacho

This paper explores an idea of demand-supply balance for smart grids in which consumers are expected to play a significant role. The main objective is to motivate the consumer, by maximizing their benefit both as a seller and a buyer, to…

Computer Science and Game Theory · Computer Science 2013-04-04 Wayes Tushar , Jian A. Zhang , David B. Smith , Sylvie Thiebaux , H. Vincent Poor

Several autonomous energy management and peer-to-peer trading mechanisms for future energy markets have been recently proposed based on optimization and game theory. In this paper, we study the impact of trading prices on the outcome of…

Systems and Control · Electrical Eng. & Systems 2023-02-10 Varsha Behrunani , Andrew Irvine , Giuseppe Belgioioso , Philipp Heer , John Lygeros , Florian Dörfler

The exponential growth of distributed energy resources is enabling the transformation of traditional consumers in the smart grid into prosumers. Such transition presents a promising opportunity for sustainable energy trading. Yet, the…

Signal Processing · Electrical Eng. & Systems 2022-02-03 Afaf Taik , Boubakr Nour , Soumaya Cherkaoui

We propose a framework where generation and transmission capacities are planned concurrently in market environments with a focus on the prosumers. This paper is a continuation of Part I and presents numerical results from three archetypal…

Optimization and Control · Mathematics 2021-05-24 Ni Wang , Remco Verzijlbergh , Petra Heijnen , Paulien Herder

In this paper, we deal with the problem of maximizing the profit of Network Operators (NOs) of green cellular networks in situations where Quality-of-Service (QoS) guarantees must be ensured to users, and Base Stations (BSs) can be shared…

Computer Science and Game Theory · Computer Science 2016-02-23 Cosimo Anglano , Marco Guazzone , Matteo Sereno

We investigate group formations and strategic behaviors of renewable power producers in electricity markets. These producers currently bid into the day-ahead market in a conservative fashion because of the real-time risk associated with not…

Optimization and Control · Mathematics 2016-11-17 Baosen Zhang , Ramesh Johari , Ram Rajagopal

This paper investigates the potential benefits of cooperation in scenarios where finitely many agents compete for shared resources, leading to congestion and thereby reduced rewards. By appropriate coordination the members of the…

Computer Science and Game Theory · Computer Science 2024-10-10 Riya Sultana , Veeraruna Kavitha

While peer-to-peer energy trading has the potential to harness the capabilities of small-scale energy resources, a peer-matching process often overlooks power grid conditions, yielding increased losses, line congestion, and voltage…

Systems and Control · Electrical Eng. & Systems 2025-01-28 Hyun Joong Kim , Yong Hyun Song , Jip Kim

This paper, by comparing three potential energy trading systems, studies the feasibility of integrating a community energy storage (CES) device with consumer-owned photovoltaic (PV) systems for demand-side management of a residential…

Computer Science and Game Theory · Computer Science 2017-01-26 Chathurika P. Mediwaththe , Edward R. Stephens , David B. Smith , Anirban Mahanti

This work focuses on the electric power market, comparing the status quo with the recent trend towards the increase in distributed self-generation capabilities by prosumers. Starting from the existing tension between the intrinsically…

Physics and Society · Physics 2020-03-30 Luca Mazzola , Alexander Denzler , Ramon Christen

This paper studies how to aggregate prosumers (or large consumers) and their collective decisions in electricity markets, with a focus on fairness. Fairness is essential for prosumers to participate in aggregation schemes. Some prosumers…

Optimization and Control · Mathematics 2024-09-02 Zoé Fornier , Vincent Leclère , Pierre Pinson

Understanding the emergence of cooperation in social networks has advanced through pairwise interactions, but the corresponding theory for group-based public goods games (PGGs) remains less explored. Here, we provide theoretical conditions…

Computer Science and Game Theory · Computer Science 2026-02-11 Chaoqian Wang , Qi Su

Prosumer consortium energy transactive models can be one of the solutions for energy costs, increasing performance and for providing reliable electricity utilizing distributed power generation, to a local group or community, like a…

Systems and Control · Electrical Eng. & Systems 2021-07-02 Kaung Si Thu , Weerakorn Ongsakul

Distributed energy resources behind the meter and automation systems enable traditional electricity consumers to become prosumers (producers/consumers) that can participate in peer-to-peer exchange of electricity and in retail electricity…

Systems and Control · Electrical Eng. & Systems 2021-03-05 Eve Tsybina , Justin Burkett , Santiago Grijalva

The public goods game is a broadly used paradigm for studying the evolution of cooperation in structured populations. According to the basic assumption, the interaction graph determines the connections of a player where the focal actor…

Physics and Society · Physics 2024-04-24 Ju Han , Xiaojie Chen , Attila Szolnoki

Clustering mechanisms are essential in certain multiuser networks for achieving efficient resource utilization. This lecture note presents the theory of coalition formation as a useful tool for distributed clustering problems. We reveal the…

Computer Science and Game Theory · Computer Science 2017-01-24 Rami Mochaourab , Eduard Jorswieck , Mats Bengtsson

Recent trends express the impact of prosumers and small energy resources and storages in distribution systems, due to the increasing uptake of renewable resources. This research studies the effect of coordination of distributed resources…

Optimization and Control · Mathematics 2021-05-24 Amir Noori , Babak Tavassoli , Alireza Fereidunian