A game theory-based pricing model for ancillary services in electricity markets DOI Creative Commons

Yang Wu,

X. R. Meng, Yuguo Chen

и другие.

Applied Mathematics and Nonlinear Sciences, Год журнала: 2024, Номер 9(1)

Опубликована: Янв. 1, 2024

Abstract Amidst the ongoing evolution and substantial reforms within electric power market, development of an auxiliary service pricing model grounded in game theory emerges as crucial. This study delineates construction electricity model, utilizing a dual mechanism approach: cooperative game-based price formation Stackelberg time-sharing mechanism. Furthermore, it incorporates demand response technology to conduct detailed analysis optimization results applicability proposed model. The scheme designated Scheme 4, derived from demonstrates notable superiority terms economic efficiency environmental sustainability when juxtaposed with three alternative schemes. Specifically, 4 yields net profit $13,267.6, achieves clean energy utilization amounting 89.67 MWh, minimizes wind abandonment 17.35 outperforming all other considered scenarios these metrics. Operational reveals that model's execution time varies between 15 50 seconds across different sample sizes, exhibiting minimal fluctuations. Additionally, Monte Carlo simulations consistently produce values inferior objective function value developed discrepancy narrowing 38 20, indicating robust adaptability.

Язык: Английский

Can digitalization alleviate China's energy poverty? Empirical investigation and mechanism analysis DOI Creative Commons
Miaomiao Tao, Zheng Yan, Sihong Wu

и другие.

Environmental Impact Assessment Review, Год журнала: 2024, Номер 109, С. 107634 - 107634

Опубликована: Авг. 23, 2024

Язык: Английский

Процитировано

8

Bilateral cooperation or complete autonomy? Research on the trade-in of NEV battery using a differential game with delay effect DOI
Chuan Zhao,

Ding Jia-hui,

Farhad Taghizadeh–Hesary

и другие.

Energy Sustainable Development/Energy for sustainable development, Год журнала: 2025, Номер 85, С. 101644 - 101644

Опубликована: Янв. 6, 2025

Язык: Английский

Процитировано

0

Recycling design and operations in various supply chain structures DOI
Minyoung Yea, Jiuh‐Biing Sheu, Seung Ho Yoo

и другие.

Transportation Research Part E Logistics and Transportation Review, Год журнала: 2025, Номер 201, С. 104226 - 104226

Опубликована: Июнь 5, 2025

Язык: Английский

Процитировано

0

A game theory-based pricing model for ancillary services in electricity markets DOI Creative Commons

Yang Wu,

X. R. Meng, Yuguo Chen

и другие.

Applied Mathematics and Nonlinear Sciences, Год журнала: 2024, Номер 9(1)

Опубликована: Янв. 1, 2024

Abstract Amidst the ongoing evolution and substantial reforms within electric power market, development of an auxiliary service pricing model grounded in game theory emerges as crucial. This study delineates construction electricity model, utilizing a dual mechanism approach: cooperative game-based price formation Stackelberg time-sharing mechanism. Furthermore, it incorporates demand response technology to conduct detailed analysis optimization results applicability proposed model. The scheme designated Scheme 4, derived from demonstrates notable superiority terms economic efficiency environmental sustainability when juxtaposed with three alternative schemes. Specifically, 4 yields net profit $13,267.6, achieves clean energy utilization amounting 89.67 MWh, minimizes wind abandonment 17.35 outperforming all other considered scenarios these metrics. Operational reveals that model's execution time varies between 15 50 seconds across different sample sizes, exhibiting minimal fluctuations. Additionally, Monte Carlo simulations consistently produce values inferior objective function value developed discrepancy narrowing 38 20, indicating robust adaptability.

Язык: Английский

Процитировано

1