—A major problem in wireless networks is coping with limited resources, such as bandwidth and energy. These issues become a major algorithmic challenge in view of the dynamic nature of the wireless domain. We consider in this paper the single-transmitter power assignment problem under time-varying channels, with the objective of maximizing the data throughput. It is assumed that the transmitter has a limited power budget, to be sequentially divided during the lifetime of the battery. We deviate from the classic work in this area, which leads to explicit “water-filling” solutions, by considering a realistic scenario where the channel state quality changes arbitrarily from one transmission to the other. The problem is accordingly tackled within the framework of competitive analysis, which allows for worst case performance guarantees in setups with arbitrarily varying channel conditions. We address both a “discrete” case, where the transmitter can transmit only at a fixed powe...