Cooperative Game-Based Synergistic Gains Allocation Methods for Wind-Solar-Hydro Hybrid Generation System with Cascade Hydropower

Liqin Zhang, Jun Xie, Xingying Chen, Yongsheng Zhan and Lv Zhou
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Liqin Zhang: College of Energy and Electrical Engineering, Hohai University, Nanjing 211100, China
Jun Xie: College of Energy and Electrical Engineering, Hohai University, Nanjing 211100, China
Xingying Chen: College of Energy and Electrical Engineering, Hohai University, Nanjing 211100, China
Yongsheng Zhan: Yalong River Hydropower Development Company LTD, Chengdu 610051, China
Lv Zhou: Yalong River Hydropower Development Company LTD, Chengdu 610051, China

Energies, 2020, vol. 13, issue 15, 1-14

Abstract: In order to encourage hybrid generation of multiple wind/solar/hydro power stakeholders, synergistic gains from hybrid generation should be allocated fairly, efficiently and reasonably to all power stakeholders. This paper explores how cooperative game theory resolves conflicts among multiple wind/solar/hydro power stakeholders. Elaborate allocation processes of the nucleolus, Shapley value and MCRS methods are presented in resolve synergistic gains allocation problems of wind–solar–hydro hybrid generation system with cascade hydropower. By analyzing properties such as existence, uniqueness and rationality, we find that both the Shapley value and MCRS methods are fair, efficient and rational allocation methods whereas the nucleolus method is limited by reservoir volume of hydro power stakeholders. Analyses on computational feasibility show that the Shapley value method may induce combinational explosion problem with the integration of more power stakeholders. A further application in Yalong River basin demonstrates that, compared with the Shapley value method, the MCRS method significantly simplifies allocating process and improves computational efficiency. Therefore, the MCRS method is recommend as a fair, efficient, rational and computational feasible allocation method for hybrid generation system with large number of wind/solar/hydro power stakeholders.

Keywords: wind–solar–hydro hybrid generation; synergistic gains allocation; nucleolus method; Shapley value method; MCRS method (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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