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Capacity Planning of Microgrid-Level Regional Integrated Energy System Based on Cooperative Game Theory

  • Xinglei Liu
  • , Jun Liu
  • , Jinchun Chen
  • , Yong Yao
  • , Shizhu Li
  • Xi'an Jiaotong University
  • State Grid Fujian Economic and Technological Research Institute
  • Ltd.

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Traditional energy system planning generally maximizes the global or individual economic benefit of certain entities, which is somewhat subjective for particular decision maker. However, each participant may have different personalized consideration in the energy market. Therefore, a general cost-revenue model for multiple market entities in the microgrid-level regional integrated energy system (RIES) is firstly proposed in this paper, considering the life cycle cost of each unit. Furthermore, based on the game theory, four types of game models for capacity planning of RIES are developed, and the existence of the game equilibriums is mathematically demonstrated. The profit improved game strategies for units in the microgrid-level RIES are obtained, using the iterative particle swarm optimization (IPSO) algorithm. Numerical case analysis verifies the effectiveness and reliability of the proposed model, and it also validates the merits of stable cooperative game models comparing to non-cooperative game models.

Original languageEnglish
Title of host publicationEI2 2022 - 6th IEEE Conference on Energy Internet and Energy System Integration
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages994-999
Number of pages6
ISBN (Electronic)9798350347159
DOIs
StatePublished - 2022
Event6th IEEE Conference on Energy Internet and Energy System Integration, EI2 2022 - Chengdu, China
Duration: 11 Nov 202213 Nov 2022

Publication series

NameEI2 2022 - 6th IEEE Conference on Energy Internet and Energy System Integration

Conference

Conference6th IEEE Conference on Energy Internet and Energy System Integration, EI2 2022
Country/TerritoryChina
CityChengdu
Period11/11/2213/11/22

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • capacity planning
  • cooperative game
  • iterative particle swarm optimization algorithm
  • microgrid-level regional integrated energy system

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