EconPapers    
Economics at your fingertips  
 

Low-carbon optimal scheduling of park-integrated energy system based on bidirectional Stackelberg-Nash game theory

Yi Wang, Zikang Jin, Jing Liang, Zhongwen Li, Venkata Dinavahi and Jun Liang

Energy, 2024, vol. 305, issue C

Abstract: Multi-stakeholder participation is crucial in facilitating the development of park-integrated energy systems (PIES). Balancing the diverse interests of various stakeholders, each with its distinct requirements presents a notable challenge. Concurrently, the model's complexity increases due to the engagement of various stakeholders, posing challenges to its resolution through traditional methods. In this context, this paper aims to investigate an optimal scheduling model that incorporates shared energy storage (SES) system, microgrids operator (MGO), electric vehicles station (EVS), and user aggregator (UA) with multiple prosumers. To comprehensively address the interests of all stakeholders, this study introduces a tri-level optimization model. The proposed model integrates a bidirectional Stackelberg-Nash game framework, in which the SES acts as the leader, the MGO acts as the secondary leader, and the UA-EVS acts as the followers while allocating benefits based on the asymmetric Nash bargaining theory. The Stackelberg game model between MGO and UA-EVS is analyzed using the Karush-Kuhn-Tucker (KKT) condition, while the Stackelberg game model between SES and MGO is resolved using the bisection method. Meanwhile, the Nash bargaining method among users is solved using the alternating direction method of multipliers (ADMM) technique. The analysis indicates that the proposed strategy can reduce PIES's costs and carbon emissions, yielding a win-win situation for all stakeholders.

Keywords: Tri-level model; Bidirectional Stackelberg-Nash game; P2P energy trading; Asymmetric Nash bargaining distributed algorithm (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544224021169
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:305:y:2024:i:c:s0360544224021169

DOI: 10.1016/j.energy.2024.132342

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:energy:v:305:y:2024:i:c:s0360544224021169