Conclusions and Future Work

Abstract

This book focuses on auction games to efficiently allocate resources. It is divided into two parts: theory part and applications in smart grids and electric vehicle charging. In the theory part, the book studies three classes of resource allocation problems, say single-sided, double-sided, and hierarchical, designing the corresponding auction games and algorithms to achieve an efficient equilibrium in a decentralized way. The followed part is the application of auction games in the problems of elastic loads management in electricity markets, economic operation of the microgrid, V2G service regulation, and EV charging coordination. Different from the general single-sided, double-sided, and hierarchical resource allocation problems considered in the theory part, all of those application problems have special characteristics, e.g., in the problem of economic operation of the microgrid, there exist three-side participants. In the following, we conclude this book in seven parts.