A distributed electricity energy trading strategy under energy shortage environment

Abstract

This paper presents a power dispatch strategy combining the main grid and distributed generators based on aggregative game theory and the Cournot price mechanism. Such a dispatch strategy aims to increase the electricity under the power shortage situation. Under the proposed strategy, this paper designs a discrete-time algorithm fusing the estimation technique and the Digging method to solve the power shortage problem in a distributed way. The distributed algorithm can provide privacy protection and information safety and improve the power grid's extendibility. Moreover, the simulation results show that the proposed algorithm has favorable performance and effectiveness in the numerical example.

Keywords

Aggregative game / power dispatch / Cournot price mechanism / distributed discrete-time algorithm