{"title":"Incentive Design of Shared ESS Energy Trading Game","authors":"Jaeyeon Jo;Jihwan Yu;Jinkyoo Park","doi":"10.1109/TCST.2024.3483440","DOIUrl":null,"url":null,"abstract":"This study introduces a hierarchical interaction model between a shared energy storage system (ESS) operator and self-interested ESS users, referred to as the shared ESS energy trading game (EET game). In the EET game, the ESS operator sets time-varying energy selling and buying prices to regulate energy trading among ESS users. Meanwhile, the ESS users make decisions regarding their energy selling (charging energy to the shared ESS) and buying (discharging energy from the shared ESS) schedules. We model the EET game as a generalized Stackelberg game (GSG) and define a generalized Stackelberg equilibrium (GSE) to identify the optimal strategies for both the ESS operator and ESS users. Within the EET game, we prove the existence of a variational Stackelberg equilibrium (VSE), which is a GSE. To compute this equilibrium, we utilize a gradient-based algorithm that incorporates an implicit gradient. Finally, we validate our model by simulation studies using residential households’ energy demand data and show the effectiveness of our approach in reducing both total energy cost (EC) and the peak-to-average ratio (PAR).","PeriodicalId":13103,"journal":{"name":"IEEE Transactions on Control Systems Technology","volume":"33 1","pages":"408-415"},"PeriodicalIF":4.9000,"publicationDate":"2024-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"IEEE Transactions on Control Systems Technology","FirstCategoryId":"94","ListUrlMain":"https://ieeexplore.ieee.org/document/10745120/","RegionNum":2,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"AUTOMATION & CONTROL SYSTEMS","Score":null,"Total":0}
引用次数: 0
Abstract
This study introduces a hierarchical interaction model between a shared energy storage system (ESS) operator and self-interested ESS users, referred to as the shared ESS energy trading game (EET game). In the EET game, the ESS operator sets time-varying energy selling and buying prices to regulate energy trading among ESS users. Meanwhile, the ESS users make decisions regarding their energy selling (charging energy to the shared ESS) and buying (discharging energy from the shared ESS) schedules. We model the EET game as a generalized Stackelberg game (GSG) and define a generalized Stackelberg equilibrium (GSE) to identify the optimal strategies for both the ESS operator and ESS users. Within the EET game, we prove the existence of a variational Stackelberg equilibrium (VSE), which is a GSE. To compute this equilibrium, we utilize a gradient-based algorithm that incorporates an implicit gradient. Finally, we validate our model by simulation studies using residential households’ energy demand data and show the effectiveness of our approach in reducing both total energy cost (EC) and the peak-to-average ratio (PAR).
期刊介绍:
The IEEE Transactions on Control Systems Technology publishes high quality technical papers on technological advances in control engineering. The word technology is from the Greek technologia. The modern meaning is a scientific method to achieve a practical purpose. Control Systems Technology includes all aspects of control engineering needed to implement practical control systems, from analysis and design, through simulation and hardware. A primary purpose of the IEEE Transactions on Control Systems Technology is to have an archival publication which will bridge the gap between theory and practice. Papers are published in the IEEE Transactions on Control System Technology which disclose significant new knowledge, exploratory developments, or practical applications in all aspects of technology needed to implement control systems, from analysis and design through simulation, and hardware.