Research on the Dynamic Characteristics of Photovoltaic Power Production and Sales Based on Game Theory

Author:

Hou Yanfang1,Tian Hui2

Affiliation:

1. School of Electrical and Electronic Engineering, Chongqing University of Technology, Chongqing 400054, China

2. School of Automation, Chongqing University of Posts and Telecommunications, Chongqiong 400065, China

Abstract

This paper mainly studies the dynamic characteristics of production and sales of distributed photovoltaic power. This is beneficial for the construction and development of a green power system, and it promotes the sustainable development of the social economy. First, the production and sales laws of the photovoltaic power are analyzed, and the trade process between photovoltaic power producers (PVPs) and photovoltaic power demanders (PVDs) is modeled as a game. Different from the existing relevant literature, two kinds of payoff bimatrices are provided, which correspond to the PVD market and PVP market, respectively. Then, the dynamic characteristics of the model are revealed by using the semitensor product method. The results present a more reliable theoretical basis for the sustainable development of the green electricity market. Finally, through an illustrative example, it can be seen that the strategies of all participants are constantly changing to obtain more profits rather than stable at a traditional Nash equilibrium point. It is worth pointing out that the method and results are applicable to other distributed low-carbon energies, contributing to the development of sustainable energy systems.

Funder

National Key R&D Program of China

Chongqing Nature Science Foundation

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

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