Research on Dynamic Pricing and Operation Optimization Strategies for Virtual Power Plants Based on Stackelberg Game Theory

Virtual power plant (VPP) can provide flexible service for the safe operation of low-carbon power system. This paper introduces virtual power plant operator (VPPO) to manage multiple VPPs. Based on the Stackelberg game theory, the dynamic pricing strategy of VPPO and the device operation strategy within VPPs are simultaneously optimized. The method proposed can ensure VPPs achieve optimal economic benefits while considering environmental costs, and VPPO achieve optimal efficiency.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10991450
Primary Topic
Power Systems and Renewable Energy
Type
article
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article

Research on Dynamic Pricing and Operation Optimization Strategies for Virtual Power Plants Based on Stackelberg Game Theory

Xuemeng Dong, Yihang Zhao
Power Systems and Renewable Energy
article

Research on Dynamic Pricing and Operation Optimization Strategies for Virtual Power Plants Based on Stackelberg Game Theory

Xuemeng Dong, Yihang Zhao
article en

Abstract

Virtual power plant (VPP) can provide flexible service for the safe operation of low-carbon power system. This paper introduces virtual power plant operator (VPPO) to manage multiple VPPs. Based on the Stackelberg game theory, the dynamic pricing strategy of VPPO and the device operation strategy within VPPs are simultaneously optimized. The method proposed can ensure VPPs achieve optimal economic benefits while considering environmental costs, and VPPO achieve optimal efficiency.

China Power Engineering Consulting Group (China) (CN)
Openalex Percentile: Top 61%
Power Systems and Renewable Energy
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