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...
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Format: | Article |
Language: | English |
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Frontiers Media S.A.
2023-07-01
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Series: | Frontiers in Energy Research |
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Online Access: | https://www.frontiersin.org/articles/10.3389/fenrg.2023.1169089/full |
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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 |