Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry

Cooperation between electric power networks (EPNs) and district heating networks (DHNs) has been extensively studied under the assumption that all information exchanged is authentic. However, EPNs and DHNs belonging to different entities may result in marketing fraud. This paper proposes a cooperati...

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Main Authors: Jizhong Zhu, Haohao Zhu, Weiye Zheng, Shenglin Li, Junwei Fan
Format: Article
Language:English
Published: IEEE 2023-01-01
Series:Journal of Modern Power Systems and Clean Energy
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9944371/
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author Jizhong Zhu
Haohao Zhu
Weiye Zheng
Shenglin Li
Junwei Fan
author_facet Jizhong Zhu
Haohao Zhu
Weiye Zheng
Shenglin Li
Junwei Fan
author_sort Jizhong Zhu
collection DOAJ
description Cooperation between electric power networks (EPNs) and district heating networks (DHNs) has been extensively studied under the assumption that all information exchanged is authentic. However, EPNs and DHNs belonging to different entities may result in marketing fraud. This paper proposes a cooperation mechanism for integrated electricity-heat systems (IEHSs) to overcome information asymmetry. First, a fraud detection method based on multiparametric programming with guaranteed feasibility reveals the authenticity of the information. Next, all honest entities are selected to form a coalition. Furthermore, to maintain operational independence and distribute benefits fairly, Benders decomposition is enhanced to calculate Shapley values in a distributed fashion. Finally, the cooperative surplus generated by the coalition is allocated according to the marginal contribution of each entity. Numerical results show that the proposed mechanism stimulates cooperation while achieving Pareto optimality under asymmetric information.
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spelling doaj.art-ac83a39ffc3d4e8d876d9822ce261fba2023-05-26T23:01:03ZengIEEEJournal of Modern Power Systems and Clean Energy2196-54202023-01-0111387388410.35833/MPCE.2022.0003019944371Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information AsymmetryJizhong Zhu0Haohao Zhu1Weiye Zheng2Shenglin Li3Junwei Fan4School of Electric Power Engineering, South China University of Technology,Guangzhou,China,510641School of Electric Power Engineering, South China University of Technology,Guangzhou,China,510641School of Electric Power Engineering, South China University of Technology,Guangzhou,China,510641School of Electric Power Engineering, South China University of Technology,Guangzhou,China,510641School of Electric Power Engineering, South China University of Technology,Guangzhou,China,510641Cooperation between electric power networks (EPNs) and district heating networks (DHNs) has been extensively studied under the assumption that all information exchanged is authentic. However, EPNs and DHNs belonging to different entities may result in marketing fraud. This paper proposes a cooperation mechanism for integrated electricity-heat systems (IEHSs) to overcome information asymmetry. First, a fraud detection method based on multiparametric programming with guaranteed feasibility reveals the authenticity of the information. Next, all honest entities are selected to form a coalition. Furthermore, to maintain operational independence and distribute benefits fairly, Benders decomposition is enhanced to calculate Shapley values in a distributed fashion. Finally, the cooperative surplus generated by the coalition is allocated according to the marginal contribution of each entity. Numerical results show that the proposed mechanism stimulates cooperation while achieving Pareto optimality under asymmetric information.https://ieeexplore.ieee.org/document/9944371/Information asymmetryintegrated electricity-heat systemBenders decompositionfraud detectionShapley value
spellingShingle Jizhong Zhu
Haohao Zhu
Weiye Zheng
Shenglin Li
Junwei Fan
Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
Journal of Modern Power Systems and Clean Energy
Information asymmetry
integrated electricity-heat system
Benders decomposition
fraud detection
Shapley value
title Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
title_full Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
title_fullStr Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
title_full_unstemmed Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
title_short Cooperation Mechanism Design for Integrated Electricity-Heat Systems with Information Asymmetry
title_sort cooperation mechanism design for integrated electricity heat systems with information asymmetry
topic Information asymmetry
integrated electricity-heat system
Benders decomposition
fraud detection
Shapley value
url https://ieeexplore.ieee.org/document/9944371/
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