Analysis of Cooperative Operation between Renewable energy Stations and Energy Storage Stations Based on Asymmetric Nash Bargaining

In recent years, renewable energy sources such as photovoltaics and wind power have developed rapidly in China. The large-scale integration of renewable energy into the power system has made a significant contribution to China's strategic goals of peaking carbon emissions and achieving carbon n...

Full description

Saved in:
Bibliographic Details
Published in2024 IEEE 2nd International Conference on Power Science and Technology (ICPST) pp. 1889 - 1894
Main Authors Xu, Yang, Fan, Hengjian, Gu, Chenlin, Zhou, Lin, Yu, Chutian
Format Conference Proceeding
LanguageEnglish
Published IEEE 09.05.2024
Subjects
asymmetric Nash bargaining
cooperative operation
Cooperative systems
Electricity
Electricity supply industry
energy storage
Power system stability
Renewable energy sources
Wind farms
Wind power generation
Online AccessGet full text

Cover

More Information
Summary:In recent years, renewable energy sources such as photovoltaics and wind power have developed rapidly in China. The large-scale integration of renewable energy into the power system has made a significant contribution to China's strategic goals of peaking carbon emissions and achieving carbon neutrality. However, it also poses significant challenges to the security and stability of the power system. Based on the theory of asymmetric Nash bargaining, a renewable energy and energy storage cooperative operation model has been established. By changing the bidding quantity of the cooperative alliance, the imbalance settlement cost is reduced, and the total revenue of the alliance is increased. Then, a revenue distribution method based on asymmetric Nash bargaining is used to fairly and reasonably distribute the revenue to each member.
DOI:10.1109/ICPST61417.2024.10602017