Load shedding using bargaining games

In times of generation shortage relative to load demand, the only available way to ensure system stability is to shed load equivalent to the amount that demand exceeds supply. This load shedding procedure usually takes place in a series of 3–5 steps where each step has a quantity of load assigned to it. The process is carried out with each subsequent steps adding to the total load disconnected from supply until the amount of load/demand is less than the present supply capacity. Presently there is no method that gauges the percentage of load to be disconnected, then equitably allocates this loss of supply to the non-critical load on multiple feeders. We investigate using the game theory method of bargaining games for resources, within the setting where available supply needs to be allocated to the loading on feeders appropriately to their respective level of demand.