Demand Response Management With Multiple Utility Companies: A Two-Level Game Approach

@article{Chai2014DemandRM,
  title={Demand Response Management With Multiple Utility Companies: A Two-Level Game Approach},
  author={Bo Chai and Jiming Chen and Zaiyue Yang and Yan Zhang},
  journal={IEEE Transactions on Smart Grid},
  year={2014},
  volume={5},
  pages={722-731}
}
Demand Response Management (DRM) is a key component of the future smart grid that helps to reduce power peak load and variation. Different from most existing studies that focus on the scenario with a single utility company, this paper studies DRM with multiple utility companies. First, the interaction between utility companies and residential users is modeled as a two-level game. That is, the competition among the utility companies is formulated as a non-cooperative game, while the interaction… CONTINUE READING

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