학술논문

Demand Response Flexibility Potential Trading in Smart Grids: A Multileader Multifollower Stackelberg Game Approach
Document Type
Periodical
Source
IEEE Transactions on Systems, Man, and Cybernetics: Systems IEEE Trans. Syst. Man Cybern, Syst. Systems, Man, and Cybernetics: Systems, IEEE Transactions on. 53(5):2664-2675 May, 2023
Subject
Signal Processing and Analysis
Robotics and Control Systems
Power, Energy and Industry Applications
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
General Topics for Engineers
Games
Smart grids
Demand response
Costs
Behavioral sciences
Simulation
Renewable energy sources
Demand response (DR)
flexibility
incentive
multileader multifollower
potential function
Stackelberg game
Language
ISSN
2168-2216
2168-2232
Abstract
The value of demand response (DR) for improving the operational efficiency of smart grids has been widely recognized. To further explore the potential DR flexibility, this article presents a novel framework for DR resource trading between multiple service providers (SPs) and end customers, in which SPs are supposed to offer diversified incentives to a resource trading center (RTC) while anticipating responses from the demand side. Distinguished from previous studies, in this work each end customer is endowed the authority to simultaneously trade with multiple SPs with the intention of maximizing their net utilities. The trading process between SPs and customers is demonstrated by a multileader multifollower Stackelberg game, due to its superiority of modeling problems with hierarchical decision-making behaviors. To solve the formulated game, an exact potential function is proposed to help determine the unique Nash equilibrium (NE) among SPs, which serves as the cornerstone for further deriving the Stackelberg equilibrium (SE), i.e., the ultimate outcome of the resource trading process. Simulation results verified that the DR flexibility was significantly increased compared with the case when there is only one SP responsible for the entire trading on behalf of all the end customers. Moreover, the proposed approach is also able to bring extra benefits for both SPs and customers in terms of net profit and net utility value.