Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage

Commercial buildings have abundant flexible energy resources for demand response (DR). The electricity price for tenants in the commercial building is generally issued by a subcontracting power supplier (SPS), and the tenants cannot directly interact with the energy retailer. Therefore, the incentiv...

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Main Authors: Huang Huang, Yifei Ning, Yunhao Jiang, Zhihui Tang, Yong Qian, Xin Zhang
Format: Article
Language:English
Published: Frontiers Media S.A. 2024-01-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2023.1329227/full
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author Huang Huang
Yifei Ning
Yunhao Jiang
Zhihui Tang
Yong Qian
Xin Zhang
author_facet Huang Huang
Yifei Ning
Yunhao Jiang
Zhihui Tang
Yong Qian
Xin Zhang
author_sort Huang Huang
collection DOAJ
description Commercial buildings have abundant flexible energy resources for demand response (DR). The electricity price for tenants in the commercial building is generally issued by a subcontracting power supplier (SPS), and the tenants cannot directly interact with the energy retailer. Therefore, the incentive for tenants to participate in DR is insufficient, and their potential is not fully explored. To address these issues, this paper proposes a dynamic pricing method based on the Stackelberg game, helping tenants actively participate in DR. Then, with the optimized energy consumption of the tenants, a virtual energy storage model of the commercial building is constructed by aggregating the adjustable capabilities of flexible energy resources such as air-conditioning (AC) and electric vehicles (EVs) in the public area. Finally, simulation tests are conducted based on a real commercial building to demonstrate the effectiveness of the game-theoretic pricing approach and validate the role of virtual energy storage of the building in DR.
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spelling doaj.art-ce3e1d4079004c53995638909bb1aebf2024-01-23T17:19:58ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2024-01-011110.3389/fenrg.2023.13292271329227Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storageHuang HuangYifei NingYunhao JiangZhihui TangYong QianXin ZhangCommercial buildings have abundant flexible energy resources for demand response (DR). The electricity price for tenants in the commercial building is generally issued by a subcontracting power supplier (SPS), and the tenants cannot directly interact with the energy retailer. Therefore, the incentive for tenants to participate in DR is insufficient, and their potential is not fully explored. To address these issues, this paper proposes a dynamic pricing method based on the Stackelberg game, helping tenants actively participate in DR. Then, with the optimized energy consumption of the tenants, a virtual energy storage model of the commercial building is constructed by aggregating the adjustable capabilities of flexible energy resources such as air-conditioning (AC) and electric vehicles (EVs) in the public area. Finally, simulation tests are conducted based on a real commercial building to demonstrate the effectiveness of the game-theoretic pricing approach and validate the role of virtual energy storage of the building in DR.https://www.frontiersin.org/articles/10.3389/fenrg.2023.1329227/fullcommercial buildingsdemand responsedemand-side resourcesStackelberg gamevirtual energy storage
spellingShingle Huang Huang
Yifei Ning
Yunhao Jiang
Zhihui Tang
Yong Qian
Xin Zhang
Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
Frontiers in Energy Research
commercial buildings
demand response
demand-side resources
Stackelberg game
virtual energy storage
title Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
title_full Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
title_fullStr Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
title_full_unstemmed Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
title_short Dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
title_sort dynamic pricing optimization for commercial subcontracting power suppliers engaging demand response considering building virtual energy storage
topic commercial buildings
demand response
demand-side resources
Stackelberg game
virtual energy storage
url https://www.frontiersin.org/articles/10.3389/fenrg.2023.1329227/full
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AT yunhaojiang dynamicpricingoptimizationforcommercialsubcontractingpowersuppliersengagingdemandresponseconsideringbuildingvirtualenergystorage
AT zhihuitang dynamicpricingoptimizationforcommercialsubcontractingpowersuppliersengagingdemandresponseconsideringbuildingvirtualenergystorage
AT yongqian dynamicpricingoptimizationforcommercialsubcontractingpowersuppliersengagingdemandresponseconsideringbuildingvirtualenergystorage
AT xinzhang dynamicpricingoptimizationforcommercialsubcontractingpowersuppliersengagingdemandresponseconsideringbuildingvirtualenergystorage