A Generalized Nash Equilibrium analysis ...
Type de document :
Communication dans un congrès avec actes
Titre :
A Generalized Nash Equilibrium analysis of the interaction between a peer-to-peer financial market and the distribution grid
Auteur(s) :
Shilov, Ilia [Auteur]
Dynamics of Geometric Networks [DYOGENE]
Flemish Institute for Technological Research [VITO]
Le Cadre, Hélène [Auteur]
Integrated Optimization with Complex Structure [INOCS]
Bušić, Ana [Auteur]
Dynamics of Geometric Networks [DYOGENE]
Dynamics of Geometric Networks [DYOGENE]
Flemish Institute for Technological Research [VITO]
Le Cadre, Hélène [Auteur]
Integrated Optimization with Complex Structure [INOCS]
Bušić, Ana [Auteur]
Dynamics of Geometric Networks [DYOGENE]
Titre de la manifestation scientifique :
IEEE Smart Grid Comm 2021 - IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids
Ville :
Aachen
Pays :
Allemagne
Date de début de la manifestation scientifique :
2021-10-25
Date de publication :
2021-10-25
Mot(s)-clé(s) en anglais :
Pricing
Generalized Nash Equilibrium
Peer-to-Peer Market
Generalized Nash Equilibrium
Peer-to-Peer Market
Discipline(s) HAL :
Informatique [cs]/Informatique et théorie des jeux [cs.GT]
Mathématiques [math]/Optimisation et contrôle [math.OC]
Mathématiques [math]/Optimisation et contrôle [math.OC]
Résumé en anglais : [en]
We consider the interaction between the distribution grid (physical level) managed by the distribution system operator (DSO), and a financial market in which prosumers optimize their demand, generation, and bilateral trades ...
Lire la suite >We consider the interaction between the distribution grid (physical level) managed by the distribution system operator (DSO), and a financial market in which prosumers optimize their demand, generation, and bilateral trades in order to minimize their costs subject to local constraints and bilateral trading reciprocity coupling constraints. We model the interaction problem between the physical and financial levels as a noncooperative generalized Nash equilibrium problem. We compare two designs of the financial level prosumer market: a centralized design and a peer-to-peer fully distributed design. We prove the Pareto efficiency of the equilibria under homogeneity of the trading cost preferences. In addition, we prove that the pricing structure of our noncooperative game does not permit free-lunch behavior. Finally, in the numerical section we provide additional insights on the efficiency loss with respect to the different levels of agents' flexibility and amount of renewables in the network. We also quantify the impact of the prosumers' pricing on the noncooperative game social cost.Lire moins >
Lire la suite >We consider the interaction between the distribution grid (physical level) managed by the distribution system operator (DSO), and a financial market in which prosumers optimize their demand, generation, and bilateral trades in order to minimize their costs subject to local constraints and bilateral trading reciprocity coupling constraints. We model the interaction problem between the physical and financial levels as a noncooperative generalized Nash equilibrium problem. We compare two designs of the financial level prosumer market: a centralized design and a peer-to-peer fully distributed design. We prove the Pareto efficiency of the equilibria under homogeneity of the trading cost preferences. In addition, we prove that the pricing structure of our noncooperative game does not permit free-lunch behavior. Finally, in the numerical section we provide additional insights on the efficiency loss with respect to the different levels of agents' flexibility and amount of renewables in the network. We also quantify the impact of the prosumers' pricing on the noncooperative game social cost.Lire moins >
Langue :
Anglais
Comité de lecture :
Oui
Audience :
Internationale
Vulgarisation :
Non
Collections :
Source :
Fichiers
- https://hal.archives-ouvertes.fr/hal-03359495/document
- Accès libre
- Accéder au document
- https://hal.archives-ouvertes.fr/hal-03359495/document
- Accès libre
- Accéder au document
- https://hal.archives-ouvertes.fr/hal-03359495/document
- Accès libre
- Accéder au document
- document
- Accès libre
- Accéder au document
- OPF_smartgridcomm%20%281%29.pdf
- Accès libre
- Accéder au document