Design Strategy of Electricity Purchase and Sale Combination Package Based on the Characteristics of Electricity Prosumers in Power System

With the progress in renewable energy and smart grid technologies, electricity users are evolving into prosumers, capable of both consuming and generating electricity through distributed photovoltaic (DPV) systems. Concurrently, the liberalization of the electricity retail market has prompted retailers to design customized electricity packages based on users’ needs and preferences, aiming to enhance service quality, efficiency, and user retention. However, previous studies have not fully addressed the multidimensional characteristics and electricity consumption behaviors that influence package selection. This paper initially dissects user characteristics across three key dimensions: electricity demand preferences, price sensitivity, and risk tolerance. Therefore, leveraging utility functions and autonomous choice behavior models, we propose two innovative electricity purchase and sale combination packages: a fluctuating pricing package and a discount-based pricing package. Furthermore, we introduce the Self-Adaptive Weight and Reverse Learning Particle Swarm Optimization (SAW&RL-PSO) algorithm to address the complexities of these choices. Simulation results indicate that the methodologies presented significantly enhance user benefits and retailer revenues while also effectively managing electricity usage fluctuations and the challenges of integrating large-scale DPV systems into the electrical grid.

Authors

Institutions

Publication Details

Journal
Processes
Published
2024-12-11
DOI
https://doi.org/10.3390/pr12122836
Citations
3
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.63
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Design Strategy of Electricity Purchase and Sale Combination Package Based on the Characteristics of Electricity Prosumers in Power System

Xinya Liu, Yi Sun, Chuang LIU, Kai Zhang et al.
3 citations
Processes
Smart Grid Energy Management
0.63
article

Design Strategy of Electricity Purchase and Sale Combination Package Based on the Characteristics of Electricity Prosumers in Power System

Xinya Liu, Yi Sun, Chuang LIU, Kai Zhang, Xiaotian Wang, Jie Peng, Binbin Wu, Wei Wang
article en
3 citations

Abstract

With the progress in renewable energy and smart grid technologies, electricity users are evolving into prosumers, capable of both consuming and generating electricity through distributed photovoltaic (DPV) systems. Concurrently, the liberalization of the electricity retail market has prompted retailers to design customized electricity packages based on users’ needs and preferences, aiming to enhance service quality, efficiency, and user retention. However, previous studies have not fully addressed the multidimensional characteristics and electricity consumption behaviors that influence package selection. This paper initially dissects user characteristics across three key dimensions: electricity demand preferences, price sensitivity, and risk tolerance. Therefore, leveraging utility functions and autonomous choice behavior models, we propose two innovative electricity purchase and sale combination packages: a fluctuating pricing package and a discount-based pricing package. Furthermore, we introduce the Self-Adaptive Weight and Reverse Learning Particle Swarm Optimization (SAW&RL-PSO) algorithm to address the complexities of these choices. Simulation results indicate that the methodologies presented significantly enhance user benefits and retailer revenues while also effectively managing electricity usage fluctuations and the challenges of integrating large-scale DPV systems into the electrical grid.

ProcessesVol. 12(12)
North China Electric Power University (CN), State Grid Corporation of China (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 30%
Smart Grid Energy Management
0.63
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.