Stochastic Games for Smart Grid Energy Management with Prospect Prosumers

no code implementations • 6 Oct 2016 • Seyed Rasoul Etesami, Walid Saad, Narayan Mandayam, H. Vincent Poor

For this case, it is shown that such an optimization problem admits a no-regret algorithm meaning that regardless of the actual outcome of the game among the prosumers, the utility company can follow a strategy that mitigates its allocation costs as if it knew the entire demand market a priori.

energy management Management