Game theory applied on step-priced micro grid

Hong Huang, Xiaozhong Liao

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

In this paper, a micro grid price mechanism is discussed and optimised. Operators can increase the consumers's profile under step-price environment. With a novel low-carbon strategy designed in this paper, consumers make ones own decision whether to buy or sell energy with what price. By using this strategy, energy distribution can be optimised and the utilization of clean power will increase. A simulation is conducted to prove the robustness and effectiveness of the strategy.

Original languageEnglish
Title of host publication26th Chinese Control and Decision Conference, CCDC 2014
PublisherIEEE Computer Society
Pages4758-4761
Number of pages4
ISBN (Print)9781479937066
DOIs
Publication statusPublished - 2014
Event26th Chinese Control and Decision Conference, CCDC 2014 - Changsha, China
Duration: 31 May 20142 Jun 2014

Publication series

Name26th Chinese Control and Decision Conference, CCDC 2014

Conference

Conference26th Chinese Control and Decision Conference, CCDC 2014
Country/TerritoryChina
CityChangsha
Period31/05/142/06/14

Keywords

  • auction
  • low-carbon
  • micro grid
  • power peak shaving
  • step-price

Fingerprint

Dive into the research topics of 'Game theory applied on step-priced micro grid'. Together they form a unique fingerprint.

Cite this