Abstract
With the coordination of various distributed energy resources, microgrid has the capability to participate energy and reserve market simultaneously via a microgrid aggregator (MGA). The profit-maximizing offering problem of MGA satisfying a pure strategy Nash equilibrium (NE) is modelled in the paper as a bi-level programming to analyze the impact of MGA on the market equilibrium. A linearization method for pure strategy NE conditions is proposed, and then the bi-level problem is equivalently transformed into a mixed integer linear programming (MILP) based on Karush-Kuhn-Tucher (KKT) conditions and strong duality theorem. Numerical results demonstrate the effectiveness of proposed method and present market NE prices are influenced by the scalability and location of integrated MGA.
| Original language | English |
|---|---|
| Pages (from-to) | 142-147 |
| Number of pages | 6 |
| Journal | Energy Procedia |
| Volume | 159 |
| DOIs | |
| State | Published - 2019 |
| Event | 2018 Renewable Energy Integration with Mini/Microgrid, REM 2018 - Rhodes, Greece Duration: 28 Sep 2018 → 30 Sep 2018 |
Keywords
- Bi-level programming
- Joint energy
- Microgrid aggregator
- Pure strategy Nash equilibrium
- Strategic offering
- reserve market
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