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Demand Response Management In Smart Grid Networks: A Two-Stage Game-Theoretic Learning-Based Approach, Pavlos Athanasios Apostolopoulos
Demand Response Management In Smart Grid Networks: A Two-Stage Game-Theoretic Learning-Based Approach, Pavlos Athanasios Apostolopoulos
Electrical and Computer Engineering ETDs
In this diploma thesis, the combined problem of power company selection and Demand Response Management in a Smart Grid Network consisting of multiple power companies and multiple customers is studied via adopting a distributed learning and game-theoretic technique. Each power company is characterized by its reputation and competitiveness. The customers who act as learning automata select the most appropriate power company to be served, in terms of price and electricity needs’ fulfillment, via a distributed learning based mechanism. Given customers' power company selection, the Demand Response Management problem is formulated as a two-stage game theoretic optimization framework, where at the …