Game Approaches for Hybrid Power System Planning

@article{Mei2012GameAF,
  title={Game Approaches for Hybrid Power System Planning},
  author={Shengwei Mei and Yingying Wang and Feng Liu and Xuemin Zhang and Zhenquan Sun},
  journal={IEEE Transactions on Sustainable Energy},
  year={2012},
  volume={3},
  pages={506-517}
}
Game theory is introduced in this paper to model the planning of a grid-connected hybrid power system comprised of wind turbines, photovoltaic panels, and storage batteries. Both noncooperative and cooperative game-theoretic models (four scenarios in this case) are built by taking wind turbines, photovoltaic panels, and storage batteries as players and their life cycle income as payoffs. Furthermore, the existence of the Nash equilibriums is proved by analyzing the concavity of the payoffs. An… CONTINUE READING
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