Cooperative game based capacity planning model for wind power in low-carbon economy

In the low-carbon economy, a carbon trading process is introduced in order to quantify the effect by actual economic value. In this process, a cooperative game based planning model for wind power is proposed while the improvement strategies and cost/benefit for both wind farms and the grid company are analyzed. Furthermore, a reasonable profit distribution model of the alliance of wind farms and grid companies is built to achieve the fairness of profit distribution. Example analysis indicates that the alliance of wind farms and grid companies is effective in incentivizing the grid companies, avoiding disorderly expansion of wind power, and also providing solutions for the mismatch issue between the wind power and available connection points.