Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users

Virtual power plant (VPP) is an important means of managing distributed energy. Reasonably formulating pricing strategies for VPP operators and electric vehicle (EV) users can guide EVs to fully consume renewable energy such as wind and solar, thus achieving a win-win situation for VPP operators and...

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Main Authors: LI Qiang, ZHU Dandan, HUANG Di, WU Shengjun, YANG Yongbiao, SONG Jiaqi
Format: Article
Language:zho
Published: Editorial Department of Electric Power Engineering Technology 2022-07-01
Series:电力工程技术
Subjects:
Online Access:https://www.epet-info.com/dlgcjs/article/html/220322369
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author LI Qiang
ZHU Dandan
HUANG Di
WU Shengjun
YANG Yongbiao
SONG Jiaqi
author_facet LI Qiang
ZHU Dandan
HUANG Di
WU Shengjun
YANG Yongbiao
SONG Jiaqi
author_sort LI Qiang
collection DOAJ
description Virtual power plant (VPP) is an important means of managing distributed energy. Reasonably formulating pricing strategies for VPP operators and electric vehicle (EV) users can guide EVs to fully consume renewable energy such as wind and solar, thus achieving a win-win situation for VPP operators and EV users. A stackelberg game model is firstly proposed in which a VPP with EVs is used as the electricity sales operator to participate in the orderly charging management of EVs. Operators formulate reasonable electricity selling prices through stackelberg game to guide the orderly charging of EVs, and coordinate various distributed resources to participate in the electricity market. Then, taking into account the volatility of wind power output and the uncertainty of conventional loads, the conditional value at risk (CVaR) theory is introduced into the modeling, and the model is transformed into a mixed integer linear programming problem solved by Karush-Kuhn-Tucker (KKT) conditions and dual theory. Finally, based on an example, the optimal pricing strategy and output plan of VPP operators are given. The influence of different EV proportions, maximum energy storage capacity, and risk preference coefficient on the optimal solution is analyzed, which provides optimization ideas for VPP operators to improve revenue.
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spelling doaj.art-4543815ed4794a31b8e8a5fde129dbc42022-12-22T03:21:30ZzhoEditorial Department of Electric Power Engineering Technology电力工程技术2096-32032022-07-0141418319110.12158/j.2096-3203.2022.04.024Stackelberg game pricing strategy between virtual power plant operators and electric vehicle usersLI Qiang0ZHU Dandan1HUANG Di2WU Shengjun3YANG Yongbiao4SONG Jiaqi5State Grid Jiangsu Electric Power Co., Ltd. Research Institute, Nanjing 211103, ChinaState Grid Jiangsu Electric Power Co., Ltd. Research Institute, Nanjing 211103, ChinaState Grid Jiangsu Electric Power Co., Ltd. Business Startups and Innovation Center, Nanjing 210024, ChinaState Grid Jiangsu Electric Power Co., Ltd. Research Institute, Nanjing 211103, ChinaSchool of Electrical Engineering, Southeast University, Nanjing 210096, ChinaSchool of Electrical Engineering, Southeast University, Nanjing 210096, ChinaVirtual power plant (VPP) is an important means of managing distributed energy. Reasonably formulating pricing strategies for VPP operators and electric vehicle (EV) users can guide EVs to fully consume renewable energy such as wind and solar, thus achieving a win-win situation for VPP operators and EV users. A stackelberg game model is firstly proposed in which a VPP with EVs is used as the electricity sales operator to participate in the orderly charging management of EVs. Operators formulate reasonable electricity selling prices through stackelberg game to guide the orderly charging of EVs, and coordinate various distributed resources to participate in the electricity market. Then, taking into account the volatility of wind power output and the uncertainty of conventional loads, the conditional value at risk (CVaR) theory is introduced into the modeling, and the model is transformed into a mixed integer linear programming problem solved by Karush-Kuhn-Tucker (KKT) conditions and dual theory. Finally, based on an example, the optimal pricing strategy and output plan of VPP operators are given. The influence of different EV proportions, maximum energy storage capacity, and risk preference coefficient on the optimal solution is analyzed, which provides optimization ideas for VPP operators to improve revenue.https://www.epet-info.com/dlgcjs/article/html/220322369virtual power plant (vpp)electric vehicle (ev)stackelberg gamepricing strategykarush-kuhn-tucker (kkt) conditionsconditional value at risk (cvar)
spellingShingle LI Qiang
ZHU Dandan
HUANG Di
WU Shengjun
YANG Yongbiao
SONG Jiaqi
Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
电力工程技术
virtual power plant (vpp)
electric vehicle (ev)
stackelberg game
pricing strategy
karush-kuhn-tucker (kkt) conditions
conditional value at risk (cvar)
title Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
title_full Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
title_fullStr Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
title_full_unstemmed Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
title_short Stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
title_sort stackelberg game pricing strategy between virtual power plant operators and electric vehicle users
topic virtual power plant (vpp)
electric vehicle (ev)
stackelberg game
pricing strategy
karush-kuhn-tucker (kkt) conditions
conditional value at risk (cvar)
url https://www.epet-info.com/dlgcjs/article/html/220322369
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AT wushengjun stackelberggamepricingstrategybetweenvirtualpowerplantoperatorsandelectricvehicleusers
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