1. A Cournot game model for integrated energy service transaction in electric-gas coupled market
- Author
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Ming Zeng, Gao Xiao, and Chengren Li
- Subjects
Mathematical optimization ,Computer science ,Process (engineering) ,Value (economics) ,Convergence (routing) ,ComputingMilieux_PERSONALCOMPUTING ,Mode (statistics) ,Stackelberg competition ,Cournot competition ,Energy service ,Database transaction - Abstract
Based on the analysis of the game behaviours of multi-energy players, for the purpose of maximining the utility of market entities, this study establishes a Cournot game model in the electricity-gas coupled market for multi-energy players, which include the pricing model of multi-energy players in Leader-Follower mode and the operation optimization model between multi-energy players and local energy system based on Stackelberg game. Through the example analysis, it is demonstrated that the master-slave model has good convergence properties and plays a vital role in the interaction process between different decision-making bodies and find the optimal strategy, which can provide important reference information for the decision-makers and has certain practical value.
- Published
- 2021
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