Game theory based autonomous DSM algorithm design

Abstract

With how fast the world is evolving nowadays, there is an ever-continuous increasing need for energy and a higher demand for energy. This increase in demand creates challenges for utilities as thy would have to match this increase in demand and generate sufficient amount of electricity. Hence, it is important to use Demand Side Management (DSM) to help to utilise our current energy in a more efficient manner

In this project, we will be designing an autonomous DSM algorithm with the help of game theory. Currently, there are existing DSM programs, however this programs usually requires consumers to reveal their private data. The aim of the project is to design an autonomous DSM algorithm that will help to produce a more desirable demand curve while protecting the private data of consumers. This project would made use of MATLAB for the simulation and presentation of results.