The goal is to accomplish an equilibrium via stimulus to regulate user behaviour i.e. user load profile, through Time-of-Use (ToU) pricing. The negotiation of�...
Abstract—Efficient utilization of resources is required in many scenarios which are facilitated by appropriate decision processes.
A Stackelberg Game Theoretic Approach for Optimal Electricity Pricing Dynamics employing Time-of-Use Algorithm. April 2019. DOI:10.1109/CoDIT.2019.8820354.
Numerical examples show that the game-theoretic approach to optimize TOU pricing strategies (GT-TOU) is effective in leveling the user demand by setting�...
Highlights � A game-theoretic perspective is introduced to optimize TOU pricing. � The problem is formulated using a two-layer mathematical programming model.
Abstract—Demand for electricity varies throughout the day, increasing the average cost of power supply. Time-of-use (TOU) pricing has been proposed as a�...
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This paper proposes a Stackelberg game approach to maximize the profit of the electricity retailer (utility company) and minimize the payment bills of its�...
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The simulation results showed the optimal real time demand response using stackelberg game algorithm is effective for achieving the optimal load control.
A Stackelberg game theoretic approach for optimal electricity pricing dynamics employing time-of-use algorithm. J Koonamparampath, M Sawant, K Atharva, A Sheikh.
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Nov 15, 2023 � In this paper, a Stackelberg game (SG) based robust optimization for user-side energy storage configuration and basic electricity price decisions is proposed.