A strategy for electricity trading among multiple microgrids considering bounded rationality

oleh: ZHANG Minhui, LI Xiaolu, LIU Jinsong, LIN Shunfu

Format: Article
Diterbitkan: zhejiang electric power 2024-01-01

Deskripsi

Electricity trading among multiple microgrids often involves bounded rationality, manifested by varying preferences for losses, uncertainties, and short to long-term returns. This paper proposes a strategy for electricity trading among multiple microgrids considering bounded rationality, drawing on time preference theory and prospect theory. To maximize the revenue for all microgrids, their operators, taking a leading role, determine transaction prices to incentivize cooperative trading among microgrids. Microgrids, acting as followers, formulate a trading strategy while ensuring the maximization of their prospect values of time preference. A case analysis demonstrates that this strategy allows for the swift determination of transaction prices among microgrids, effectively enhancing overall microgrid revenue and the utilization rate of DG (distributed generation).