  The purpose of this paper is to study conflicting objectives between the grid
operator and consumers in a future smart grid. Traditionally, customers in
electricity grids have different demand profiles and it is generally assumed
that the grid has to match and satisfy the demand profiles of all its users.
However, for system operators and electricity producers, it is usually most
desirable, convenient and cost effective to keep electricity production at a
constant rate. The temporal variability of electricity demand forces power
generators, especially load following and peaking plants to constantly
manipulate electricity production away from a steady operating point.
