Research on Decision-making of Demand-side Energy Consumption Plan Based on Game Theory

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Abstract

A Based on the features of information sharing and energy interaction within smart grid, a decision-making model of energy consumption based on Nash equilibrium solution is developed to analysis the problem of competition and benefit conflict among different kinds of power users on demand-side. The payoff functions of three kinds of player are built, which are flexible, non-flexible and storable, relatively. The Nash equilibrium is solved to calculate the respective energy consumption and benefit in a non-cooperative game by Nikaido-Isoda function optimization. Taking a certain area in Western China as a case, simulation analysis of the game process of three kinds of users with the actual load is carried out. The results show that the game between power users can in-crease the system load rate, reduce the peak and valley difference of the system load, and reduce the cost of power production.

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Zhang, Q., Gao, T., Cui, Q., Fu, F. C., Xu, D., & Gao, T. Z. (2019). Research on Decision-making of Demand-side Energy Consumption Plan Based on Game Theory. In IOP Conference Series: Earth and Environmental Science (Vol. 242). Institute of Physics Publishing. https://doi.org/10.1088/1755-1315/242/5/052030

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