Dynamic Economic Dispatch Game: The Value of Storage

被引:11
|
作者
Tang, Wenyuan [1 ]
Jain, Rahul [1 ,2 ,3 ]
机构
[1] Univ Southern Calif, Dept Elect Engn, Los Angeles, CA 90089 USA
[2] Univ Southern Calif, Dept Comp Sci, Los Angeles, CA 90089 USA
[3] Univ Southern Calif, Dept Ind & Syst Engn, Los Angeles, CA 90089 USA
基金
美国国家科学基金会;
关键词
Dynamic economic dispatch; energy storage system; game theory; locational marginal pricing; smart grid; POWER;
D O I
10.1109/TSG.2015.2495146
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
We formulate a dynamic economic dispatch game in which each generator has its own electricity storage device. The operation of storage introduces time-coupling constraints. We focus on how the use of storage may affect the market structure and market outcomes in the locational marginal pricing mechanism. We first show that even when the independent system operation is unaware of the storage, there exists an efficient bid profile that induces the optimal dispatch. We then demonstrate that the use of storage does not increase the room for strategic play, but may improve the equilibrium outcomes. We provide sufficient conditions under which there exist efficient Nash equilibria. Furthermore, we propose the marginal contribution pricing mechanism that guarantees efficient outcomes.
引用
收藏
页码:2350 / 2358
页数:9
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