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

• Published in: 2024 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
• Language: English
• 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
• DOI: 10.1109/ICPST61417.2024.10602017

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.