Energy trading management based on Stackelberg game theory to increase independence of microgrids
For microgrids (MGs) with multi parties, a good idea is to build a Stackelberg model for decision-making strategies and energy management. In previous studies, decision parameters in the utility function of each distributed generator (DG) were not determined according to their preferences or roles,...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-11-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722021035 |
| _version_ | 1828063322854916096 |
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| author | Xinze Zheng Qiang Li Cong Bai Yongquan Nie Chuhong Huang |
| author_facet | Xinze Zheng Qiang Li Cong Bai Yongquan Nie Chuhong Huang |
| author_sort | Xinze Zheng |
| collection | DOAJ |
| description | For microgrids (MGs) with multi parties, a good idea is to build a Stackelberg model for decision-making strategies and energy management. In previous studies, decision parameters in the utility function of each distributed generator (DG) were not determined according to their preferences or roles, which greatly limited their activities in the trading process. In this paper, a Stackelberg game model is proposed to solve the energy trading management problem, taking the energy management trading system (EMTS) as the leader and all the DGs in the MG as the followers. Further, this paper designs specified decision parameters according to the behavioral characteristics and the game roles of DGs, allowing them to play more active roles in trading. The results show that our method can reduce the dependence of the MG on the upper utility grid based on obtaining more profit, which verifies that the proposed Stackelberg model can effectively realize the energy management of MGs. |
| first_indexed | 2024-04-10T22:41:23Z |
| format | Article |
| id | doaj.art-22181dd9edd0422a8adb849fdc9cc82f |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-10T22:41:23Z |
| publishDate | 2022-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-22181dd9edd0422a8adb849fdc9cc82f2023-01-16T04:08:35ZengElsevierEnergy Reports2352-48472022-11-018771779Energy trading management based on Stackelberg game theory to increase independence of microgridsXinze Zheng0Qiang Li1Cong Bai2Yongquan Nie3Chuhong Huang4State Key Laboratory of Power Transmission Equipment and System Security and New Technology, School of Electrical Engineering, Chongqing University, Chongqing 400044, ChinaState Key Laboratory of Power Transmission Equipment and System Security and New Technology, School of Electrical Engineering, Chongqing University, Chongqing 400044, China; Corresponding author.State Key Laboratory of Power Transmission Equipment and System Security and New Technology, School of Electrical Engineering, Chongqing University, Chongqing 400044, ChinaPower Dispatch and Control Center, China Southern Power Grid Co., Ltd., Guangzhou, Guangdong 510670, ChinaChina Energy Engineering Group Guangdong Electric Power Design Institute Co., Ltd., Guangzhou, Guangdong 510663, ChinaFor microgrids (MGs) with multi parties, a good idea is to build a Stackelberg model for decision-making strategies and energy management. In previous studies, decision parameters in the utility function of each distributed generator (DG) were not determined according to their preferences or roles, which greatly limited their activities in the trading process. In this paper, a Stackelberg game model is proposed to solve the energy trading management problem, taking the energy management trading system (EMTS) as the leader and all the DGs in the MG as the followers. Further, this paper designs specified decision parameters according to the behavioral characteristics and the game roles of DGs, allowing them to play more active roles in trading. The results show that our method can reduce the dependence of the MG on the upper utility grid based on obtaining more profit, which verifies that the proposed Stackelberg model can effectively realize the energy management of MGs.http://www.sciencedirect.com/science/article/pii/S2352484722021035MicrogridStackelberg gameEnergy management |
| spellingShingle | Xinze Zheng Qiang Li Cong Bai Yongquan Nie Chuhong Huang Energy trading management based on Stackelberg game theory to increase independence of microgrids Energy Reports Microgrid Stackelberg game Energy management |
| title | Energy trading management based on Stackelberg game theory to increase independence of microgrids |
| title_full | Energy trading management based on Stackelberg game theory to increase independence of microgrids |
| title_fullStr | Energy trading management based on Stackelberg game theory to increase independence of microgrids |
| title_full_unstemmed | Energy trading management based on Stackelberg game theory to increase independence of microgrids |
| title_short | Energy trading management based on Stackelberg game theory to increase independence of microgrids |
| title_sort | energy trading management based on stackelberg game theory to increase independence of microgrids |
| topic | Microgrid Stackelberg game Energy management |
| url | http://www.sciencedirect.com/science/article/pii/S2352484722021035 |
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