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Share or Not Share, the Analysis of Energy Storage Interaction of Multiple Renewable Energy Stations Based on the Evolution Game by Xiaozhu Li; Laijun Chen; Fan Sun; Yibo Hao; Xili Du; Shenwei Mei is a Engineering article available to read on EtoBox.

What is Share or Not Share, the Analysis of Energy Storage Interaction of Multiple Renewable Energy Stations Based on the Evolution Game about?

With the increasing penetration of renewable energy, the traditional energy storage operation based on individual framework —users own and operate independently mode may become impracticable due to conflicting interests, insufficient utilization, and poor interoperability. Riding on the wave of the proliferation of sharing economy, storage energy sharing expands the existing storage energy without requiring costly and time-consuming infrastructure investments. However, the development path of shared energy storage (SES) mode is not clear due to the asymmetric decision-making of the owners of energy storage systems under bounded rationality. In this paper, the diffusion of the business model of SES among multiple renewable energy stations (the owners, RES) and its key factors are analyzed based on the evolutionary game. The goal is to maximize social welfare and ensure the continuous growth of the sharing market. The numerical simulation is carried out based on the data from northwest China to interpret the development path. The result shows that, in renewable energy cluster the stations with intermittent output or with the higher prediction accuracy are more willing to participate

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Author

Xiaozhu Li; Laijun Chen; Fan Sun; Yibo Hao; Xili Du; Shenwei Mei

Publisher

Elsevier BV

Published

2023

Language

EN

Field

Engineering (Physical Sciences)