Energy Management Models: A Game-Theoretic Optimization Techniques for Energy Management in Smart Grid

The quantity, quality, and reliability of Electric power gain significant important since the consumer start dependence at whole on energy. Losses are associated while delivering electric power to the consumer. The rated parameters at consumer doorstep/outcomes can be achieved by the use of proper Energy management strategies. In order to account for the "Proper strategies", our work proposed the Energy management model in collaboration with Game Theory (GT) to optimally deliver the electric power. Moreover, the Energy Management Models (EMMs) with all of its features and optimization methodologies are analyzed to an extreme degree.