2015
DOI: 10.1109/tste.2014.2358849
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Game-Theoretic Formulation of Power Dispatch With Guaranteed Convergence and Prioritized BestResponse

Abstract: This paper formulates and solves the economic power dispatch (ED) problem with practical operation constraints using potential games. Each generator operates as an independent player in a self-optimizing manner with marginal contribution utility functions to minimize the total generation cost. The proposed distributed formulation converts inequality constraints into feasible action sets, incorporates equality constraints by penalty functions, and extends to practical cases that exhibit non-convex or non-smooth… Show more

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Cited by 36 publications
(14 citation statements)
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“…It is seen that, the best cost obtained by the HGWO is comparable with that in Refs. [23], but lower than all other results. Fig.…”
Section: Test Systemcontrasting
confidence: 69%
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“…It is seen that, the best cost obtained by the HGWO is comparable with that in Refs. [23], but lower than all other results. Fig.…”
Section: Test Systemcontrasting
confidence: 69%
“…Equations (23) and (22) mean that C r is 0 for the best wolf and 0.2 for the worst wolf in the pack of the current generation or iteration. C r ¼ 0 ensures elitism.…”
Section: Crossovermentioning
confidence: 99%
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“…Game theory has been widely applied to energy systems (Du et al, 2015;Hong et al, 2014). In previous researches on game theoretic policy for energy systems, fundamental games are usually played between two individual users (Xiao 6 This paper was not presented at any IFAC meeting.…”
Section: Introductionmentioning
confidence: 99%
“…The consensusbased economic dispatch in [11] handles the supply-demand mismatch due to the transmission losses. Decentralized and scalable economic dispatch solutions for small-scale power systems are also discussed in [12]- [13]. …”
mentioning
confidence: 99%