Research on decision-making behavior of multi-agent alliance in cross-border electricity market environment: an evolutionary game
Constructing a cross-border power energy system with multiagent power energy as an alliance is important for studying cross-border power-trading markets. This study considers multiple neighboring countries in the form of alliances, introduces neighboring countries’ exchange rates into the cross-border multi-agent power-trading market and proposes a method to study each agent’s dynamic decision-making behavior based on evolutionary game theory. To this end, this study uses three national agents as examples, constructs a tripartite evolutionary game model, and analyzes the evolution process of the decision-making behavior of each agent member state under the initial willingness value, cost of payment, and additional revenue of the alliance. This research helps realize cross-border energy operations so that the transaction agent can achieve greater trade profits and provides a theoretical basis for cooperation and stability between multiple agents.
Authors
- Hai Wang (ORCID: https://orcid.org/0000-0002-4192-5363)
- Zhao Luo (ORCID: https://orcid.org/0000-0002-3958-8003)
- Chenming Dong
- Xin Shen (ORCID: https://orcid.org/0000-0001-7378-4801)
- Xinrui Dai
- Guihong Bi
Institutions
- Kunming University of Science and Technology (CN)
- China Southern Power Grid (China) (CN)
- Power Grid Corporation (India) (IN)
Publication Details
- Journal
- Global Energy Interconnection
- Published
- 2024-12-01
- DOI
- https://doi.org/10.1016/j.gloei.2024.11.009
- Citations
- 2
- Primary Topic
- Electric Power System Optimization
- Type
- article
- Field-Weighted Citation Impact
- 0.42
Funders
- National Natural Science Foundation of China
- Ministry of Science and Technology of the People's Republic of China
- Yunnan Provincial Science and Technology Department