%0 Book Section
%@ 978-3-319-22264-6
%A Shams, Farshad
%A Tribastone, Mirco
%B Quantitative Evaluation of Systems.12th International Conference, QEST 2015, Madrid, Spain, September 1-3, 2015, Proceedings
%D 2015
%F eprints:3580
%I Springer
%N 9259
%P 54-69
%S Lecture Notes in Computer Science
%T Power Trading Coordination in Smart Grids Using Dynamic Learning and Coalitional Game Theory
%U http://eprints.imtlucca.it/3580/
%X In traditional power distribution models, consumers acquire power from the central distribution unit, while “micro-grids” in a smart power grid can also trade power between themselves. In this paper, we investigate the problem of power trading coordination among such micro-grids. Each micro-grid has a surplus or a deficit quantity of power to transfer or to acquire, respectively. A coalitional game theory based algorithm is devised to form a set of coalitions. The coordination among micro-grids determines the amount of power to transfer over each transmission line in order to serve all micro-grids in demand by the supplier micro-grids and the central distribution unit with the purpose of minimizing the amount of dissipated power during generation and transfer. We propose two dynamic learning processes: one to form a coalition structure and one to provide the formed coalitions with the highest power saving. Numerical results show that dissipated power in the proposed cooperative smart grid is only 10% of that in traditional power distribution networks.
%Z SCOPUS ID: 2-s2.0-84944753708; WOS Accession Number: WOS:000363574600006