Title :
A game theoretical approach for energy trading in wireless networks powered by green energy
Author :
Zhongming Zheng ; Cai, Lin X. ; Zhang, Ning ; Ran Zhang ; Shen, Xuemin Sherman
Author_Institution :
Dept. of Electr. & Comput. Eng., Univ. of Waterloo, Waterloo, ON, Canada
Abstract :
Green energy sources, such as solar and wind, provide an alternative solution for powering wireless networks. To maximize the utilization of green energy charged from different sources, it is desirable to allow energy trade among neighbor cells. In this paper, the local energy trade issues in a wireless mesh network powered by green energy are studied such that energy can be purchased either from neighbor cells or from electricity grid, based on the energy charging and discharging characteristics in each cell. Our objective is to determine the optimal price and quantity of energy purchase and sale for each cell such that the profits of all cells can be maximized and their energy demands can be fulfilled. To this end, the energy trading problem is formulated as a Stackelberg game. Based on the utility function, the closed-form expressions of the optimal energy quantity and price for trading are derived. Finally, an optimal scheme, namely, Optimal Profits Energy Trading (OPET), is proposed to maximize the profits of all cells. The proposed OPET can achieve the optimal solution with polynomial time complexity. Extensive simulations are conducted to verify the performance of the proposed scheme.
Keywords :
computational complexity; game theory; power grids; power markets; renewable energy sources; telecommunication power management; wireless mesh networks; OPET; Stackelberg game theory; closed-form expression; electricity grid; energy charging characteristic; energy discharging characteristic; green energy source; optimal profit energy trading; polynomial time complexity; wireless mesh network; Batteries; Games; Green products; Power grids; Time complexity; Wireless networks;
Conference_Titel :
Global Communications Conference (GLOBECOM), 2014 IEEE
Conference_Location :
Austin, TX
DOI :
10.1109/GLOCOM.2014.7037193