On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools
Managing prosumers participation in energy trading becomes complicated, as the number of prosumers in smart grid is expected to rise. In this situation, it is safe to group active prosumers into groups or coalitions. By utilising analytical tools, like game theory, the method for grouping or coaliti...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
2019
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| Online Access: | http://hdl.handle.net/20.500.11937/76572 |
| _version_ | 1848763720730148864 |
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| author | Sumesh, Sreenithya Krishna, Aneesh Potdar, Vidyasagar Nimmagadda, Shastri |
| author_facet | Sumesh, Sreenithya Krishna, Aneesh Potdar, Vidyasagar Nimmagadda, Shastri |
| author_sort | Sumesh, Sreenithya |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Managing prosumers participation in energy trading becomes complicated, as the number of prosumers in smart grid is expected to rise. In this situation, it is safe to group active prosumers into groups or coalitions. By utilising analytical tools, like game theory, the method for grouping or coalition formation of prosumers can be carefully studied. After analysing prosumers behaviour in energy profile, we propose a novel dynamic, decentralised prosumer coalition formation method based on game theory that can satisfy utility grid demands. A conceptual framework is developed for coalition formation and energy management among prosumers in a dynamic environment. This approach has the potential to increase the size and number of coalitions without a central controller to better manage renewable energy usage and trading with energy buyers. We validate the performance of adopting a game theoretic approach, assessing the strategy using open and shared data sources. |
| first_indexed | 2025-11-14T11:07:57Z |
| format | Journal Article |
| id | curtin-20.500.11937-76572 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:07:57Z |
| publishDate | 2019 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-765722021-01-15T07:49:43Z On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools Sumesh, Sreenithya Krishna, Aneesh Potdar, Vidyasagar Nimmagadda, Shastri Managing prosumers participation in energy trading becomes complicated, as the number of prosumers in smart grid is expected to rise. In this situation, it is safe to group active prosumers into groups or coalitions. By utilising analytical tools, like game theory, the method for grouping or coalition formation of prosumers can be carefully studied. After analysing prosumers behaviour in energy profile, we propose a novel dynamic, decentralised prosumer coalition formation method based on game theory that can satisfy utility grid demands. A conceptual framework is developed for coalition formation and energy management among prosumers in a dynamic environment. This approach has the potential to increase the size and number of coalitions without a central controller to better manage renewable energy usage and trading with energy buyers. We validate the performance of adopting a game theoretic approach, assessing the strategy using open and shared data sources. 2019 Journal Article http://hdl.handle.net/20.500.11937/76572 10.1016/j.procs.2019.09.249 http://creativecommons.org/licenses/by-nc-nd/4.0/ fulltext |
| spellingShingle | Sumesh, Sreenithya Krishna, Aneesh Potdar, Vidyasagar Nimmagadda, Shastri On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title | On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title_full | On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title_fullStr | On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title_full_unstemmed | On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title_short | On framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| title_sort | on framework development for the dynamic prosumer coalition in a smart grid and its evaluation by analytic tools |
| url | http://hdl.handle.net/20.500.11937/76572 |