Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market

This paper develops an optimal energy bidding mechanism for the regional integrated electricity–hydrogen system (RIEHS) considering complex electricity–hydrogen energy flow and further presents an electricity–hydrogen optimization management strategy based on Stackelberg game. The transaction mode o...

Full description

Bibliographic Details
Main Authors: Qinghan Wang, Yanbo Wang, Zhe Chen
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-07-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2023.1169089/full
_version_ 1797785240114036736
author Qinghan Wang
Yanbo Wang
Zhe Chen
author_facet Qinghan Wang
Yanbo Wang
Zhe Chen
author_sort Qinghan Wang
collection DOAJ
description This paper develops an optimal energy bidding mechanism for the regional integrated electricity–hydrogen system (RIEHS) considering complex electricity–hydrogen energy flow and further presents an electricity–hydrogen optimization management strategy based on Stackelberg game. The transaction mode of the RIEHS is first introduced, and the optimization models for the three market game participants are established. Then, the Stackelberg game-based bidding mechanism is formulated, where the electricity–hydrogen operator (EHO) is the leader and the regional electricity–hydrogen prosumer (REHP) and load aggregator (LA) are the followers. The EHO dominates the game through energy bidding, and REHP and LA respond to the bidding decision. The Stackelberg equilibrium of the formulation is obtained by applying the differential evolutionary algorithm combined with quadratic programming (DEA-QP). Finally, a demonstration case is studied to analyze the market behavior of the three market players and further validate the effectiveness of the proposed strategy. The proposed strategy is able to produce additional economic benefits to REHP and LA and improve the utilization of hydrogen.
first_indexed 2024-03-13T00:51:17Z
format Article
id doaj.art-6a7fce2c472746b7bc59f269ae689f3b
institution Directory Open Access Journal
issn 2296-598X
language English
last_indexed 2024-03-13T00:51:17Z
publishDate 2023-07-01
publisher Frontiers Media S.A.
record_format Article
series Frontiers in Energy Research
spelling doaj.art-6a7fce2c472746b7bc59f269ae689f3b2023-07-07T12:55:04ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2023-07-011110.3389/fenrg.2023.11690891169089Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen marketQinghan WangYanbo WangZhe ChenThis paper develops an optimal energy bidding mechanism for the regional integrated electricity–hydrogen system (RIEHS) considering complex electricity–hydrogen energy flow and further presents an electricity–hydrogen optimization management strategy based on Stackelberg game. The transaction mode of the RIEHS is first introduced, and the optimization models for the three market game participants are established. Then, the Stackelberg game-based bidding mechanism is formulated, where the electricity–hydrogen operator (EHO) is the leader and the regional electricity–hydrogen prosumer (REHP) and load aggregator (LA) are the followers. The EHO dominates the game through energy bidding, and REHP and LA respond to the bidding decision. The Stackelberg equilibrium of the formulation is obtained by applying the differential evolutionary algorithm combined with quadratic programming (DEA-QP). Finally, a demonstration case is studied to analyze the market behavior of the three market players and further validate the effectiveness of the proposed strategy. The proposed strategy is able to produce additional economic benefits to REHP and LA and improve the utilization of hydrogen.https://www.frontiersin.org/articles/10.3389/fenrg.2023.1169089/fullregional integrated electricity–hydrogen systemStackelberg gameStackelberg equilibriumelectricity–hydrogen managementbidding strategy
spellingShingle Qinghan Wang
Yanbo Wang
Zhe Chen
Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
Frontiers in Energy Research
regional integrated electricity–hydrogen system
Stackelberg game
Stackelberg equilibrium
electricity–hydrogen management
bidding strategy
title Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
title_full Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
title_fullStr Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
title_full_unstemmed Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
title_short Stackelberg equilibrium-based energy management strategy for regional integrated electricity–hydrogen market
title_sort stackelberg equilibrium based energy management strategy for regional integrated electricity hydrogen market
topic regional integrated electricity–hydrogen system
Stackelberg game
Stackelberg equilibrium
electricity–hydrogen management
bidding strategy
url https://www.frontiersin.org/articles/10.3389/fenrg.2023.1169089/full
work_keys_str_mv AT qinghanwang stackelbergequilibriumbasedenergymanagementstrategyforregionalintegratedelectricityhydrogenmarket
AT yanbowang stackelbergequilibriumbasedenergymanagementstrategyforregionalintegratedelectricityhydrogenmarket
AT zhechen stackelbergequilibriumbasedenergymanagementstrategyforregionalintegratedelectricityhydrogenmarket