Hybrid AMI Design for Smart Grid Using the Game Theory Model

Recently, in the Republic of Korea, there's a growing interest in the Smart Grid and IoT technologies and many companies are attempting to build the IoT-applied Smart Homes. Although a variety of related products are being introduced to the market, their effects are yet to be recognized. The major reason is that new structures need to be added to existing homes to implement the technology which requires a base platform for the communications between relevant 'Things'. In the future, it is expected that the electric charges will vary depending on each time slot and season. Thus, in this paper, we propose a 'Hybrid AMI (Advanced Metering Infrastructure) Design for Smart Grid' which utilizes the game theory model.