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Multi-agent simulation of the time-of-use pricing policy in an urban natural gas pipeline network: A case study of Zhengzhou

Lanlan Li, Chengzhu Gong, Deyun Wang and Kejun Zhu

Energy, 2013, vol. 52, issue C, 37-43

Abstract: This paper establishes a multi-agent system comprising a government agent, a gas operator agent, and an industrial and commercial users agent. The system simulates the dynamic change process of demands and running states in an UGPN (urban gas pipeline network) and explores the optimal TOU (time-of-use) natural gas price to minimize the peak–valley load difference. The government agent plays a monitoring role of providing the upper and lower limits of natural gas price. The gas operator dynamically sets natural gas price based on user response, within the bounds established by a government authority. Then, the industrial and commercial users modify their consumption according to the price provided by the gas operator. This study considers the case of Zhengzhou, China to simulate the hourly gas-usage behavior of industrial and commercial users under the TOU pricing policy. The results indicate the existence of an optimal peak–valley price difference through which both the gas operator and users can gain benefits. Further, rising peak price also increases the benefits of the end-users, while those of the gas operator decrease; however, at some threshold value, the gas operator benefits from further increases in the peak price.

Keywords: Natural gas pricing; Time-of-use pricing; Multi-agent simulation; User response (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:52:y:2013:i:c:p:37-43

DOI: 10.1016/j.energy.2013.02.002

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