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This paper investigates the optimal regulation problem with the steady-state constraints under distributed decision makings, where each agent is allowed to determine its own optimal set-point according to an individual profit. On the other hand, the utility, which corresponds to an individual public commission, tries to realize a socially optimal solution that fulfills steady-state constraints. In...
We consider a dynamic game model of power networks with generators and/or consumers, called agents, and one public commission, called utility; a game with a prescribed dynamic mechanism is performed such that each agent decides a private control to minimize its own cost functional, and the utility manages information transmissions between the utility and agents and decides command signals, called...
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