A Fast-Converging Virtual Power Plant Game Trading Model Based on Reference Ancillary Service Pricing

In order to improve the trading efficiency of virtual power plants (VPPs) participating in the market of multi-type auxiliary services under the gaming environment, an initial trading price setting method based on the information of VPPs’ response characteristics and real-time supply and demand changes is proposed to accelerate the convergence speed of the game. Firstly, a master–slave game trading model is established based on the reference auxiliary service pricing, which consists of a tariff coefficient and a basic tariff. Secondly, the tariff coefficient model is constructed based on response information, including response rate, quality, and reliability. Again, the basic tariff model is constructed based on the real-time supply and demand situation and the real-time grid tariff. Finally, the effectiveness of the proposed method in accelerating the convergence speed of the game is verified by analyzing 12 VPPs under the three auxiliary service scenarios of peaking, frequency regulation, and reserve.

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Publication Details

Journal
Energies
Published
2025-05-15
DOI
https://doi.org/10.3390/en18102567
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.00

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A Fast-Converging Virtual Power Plant Game Trading Model Based on Reference Ancillary Service Pricing

Hongxun Tian, Yingjun Wu, Tengxin Wang, Min Zhang et al.
Energies
Smart Grid Energy Management
article

A Fast-Converging Virtual Power Plant Game Trading Model Based on Reference Ancillary Service Pricing

Hongxun Tian, Yingjun Wu, Tengxin Wang, Min Zhang, Jiangfan Yuan, Xiao Chang, Xiangyu Guo
article en

Abstract

In order to improve the trading efficiency of virtual power plants (VPPs) participating in the market of multi-type auxiliary services under the gaming environment, an initial trading price setting method based on the information of VPPs’ response characteristics and real-time supply and demand changes is proposed to accelerate the convergence speed of the game. Firstly, a master–slave game trading model is established based on the reference auxiliary service pricing, which consists of a tariff coefficient and a basic tariff. Secondly, the tariff coefficient model is constructed based on response information, including response rate, quality, and reliability. Again, the basic tariff model is constructed based on the real-time supply and demand situation and the real-time grid tariff. Finally, the effectiveness of the proposed method in accelerating the convergence speed of the game is verified by analyzing 12 VPPs under the three auxiliary service scenarios of peaking, frequency regulation, and reserve.

EnergiesVol. 18(10)
Hohai University (CN), State Grid Corporation of China (China) (CN)
State Grid Corporation of China
Openalex Percentile: Top 91%
Smart Grid Energy Management
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