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Demand-side management (DSM) is becoming an increasingly important componentof the envisioned smart grid. The ability to improve the efficiency of energyuse in the power system by altering demand is widely viewed as being not merelypromising but in fact essential. However, while the advantages of DSM areclear, arriving at an efficient implementation has so far proven to be lessstraightforward. There have recently been many proposals put forth in theliterature to tackle the demand scheduling aspect of DSM. One particularapproach based on a game-theoretic treatment of the day-ahead load-schedulingproblem has recently gained tremendous popularity in the DSM literature. Inthis letter, an assessment of this approach is conducted, and its main resultis challenged.

A Critical Assessment of Cost-Based Nash Methods for Demand Scheduling in Smart Grids