Cooperative Construction of Renewable Energy and Energy Storage System: Research on Evolutionary Game Model Based on Continuous Strategy and Random Disturbance

Wei He, Rujie Liu, Tao Han, Jicheng Zhang, Yixun Lei, Shan Xu, Hongwei Yu and Zhu Li ()
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Wei He: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Rujie Liu: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Tao Han: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Jicheng Zhang: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Yixun Lei: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Shan Xu: Three Gorges Electric Power Co., Ltd., Wuhan 430021, China
Hongwei Yu: Institute of Quality Development Strategy, Wuhan University, Wuhan 430072, China
Zhu Li: Electronic Information School, Wuhan University, Wuhan 430072, China

Energies, 2024, vol. 17, issue 23, 1-24

Abstract: As the global push toward carbon neutrality accelerates, cooperation between power generation enterprises and energy storage companies plays a crucial role in the low-carbon transition of energy systems. However, there remains a lack of research on the stochastic dynamic mechanisms of cooperation evolution. This paper develops a stochastic evolutionary game model to analyze the cooperation evolution pathways between power generation enterprises and energy storage companies under different market parameter conditions. Sensitivity analysis is conducted to reveal the impact of factors such as market prices and power capacity on cooperation willingness. The results indicate that the dispatch optimization capability of storage technology and policy incentives significantly influence the willingness to cooperate. The study suggests that governments should enhance policy support and technological innovation to promote the sustainable development of energy systems.

Keywords: cooperative development; energy storage; renewable energy; stochastic evolutionary game (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: 2024
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