• Complex
  • Title
  • Keyword
  • Abstract
  • Scholars
  • Journal
  • ISSN
  • Conference
成果搜索

author:

Li, Zhihuang (Li, Zhihuang.) [1] | Zhu, Shaolin (Zhu, Shaolin.) [2] | Zhang, Shiming (Zhang, Shiming.) [3] | Shao, Zhenguo (Shao, Zhenguo.) [4] (Scholars:邵振国) | Chen, Feixiong (Chen, Feixiong.) [5] (Scholars:陈飞雄) | Xu, Xun (Xu, Xun.) [6]

Indexed by:

EI

Abstract:

Accurate assessment of electricity demand price elasticity holds paramount significance for analyzing user price responsiveness and implementing price-based demand response. This paper adopts a perspective focused on the retail electricity market and introduces a methodology for assessing electricity demand price elasticity through the stackelberg game between electricity retail company and consumers. Firstly, considering the conflicting interests and disparate decision-making positions of electricity retail company and consumers, a stackelberg game model is formulated with the goal of maximizing the utility of both parties. Secondly, an iterative interaction process is employed to compute the time-of-use pricing strategies for electricity retail company and the electricity consumption behavior strategies for consumers. During each iteration of the game, the electricity demand price elasticity of consumers is updated. The process continues until a Nash equilibrium is reached, ultimately enabling the assessment of consumers' electricity demand price elasticity. Finally, the proposed model and methodology are validated through numerical examples to demonstrate their rationality and effectiveness. © 2023 IEEE.

Keyword:

Consumer behavior Costs Decision making Elasticity Electric power utilization Iterative methods Sales

Community:

  • [ 1 ] [Li, Zhihuang]College of Electrical Engineering and Automation, Fuzhou University Key Laboratory of Energy Digitalization, Fuzhou University, Fujian Province University, Fuzhou, China
  • [ 2 ] [Zhu, Shaolin]Economic and Technological Research Institute, State Grid Fujian Electric Power Co., Ltd, Fuzhou, China
  • [ 3 ] [Zhang, Shiming]Economic and Technological Research Institute, State Grid Fujian Electric Power Co., Ltd, Fuzhou, China
  • [ 4 ] [Shao, Zhenguo]College of Electrical Engineering and Automation, Fuzhou University Key Laboratory of Energy Digitalization, Fuzhou University, Fujian Province University, Fuzhou, China
  • [ 5 ] [Chen, Feixiong]College of Electrical Engineering and Automation, Fuzhou University Key Laboratory of Energy Digitalization, Fuzhou University, Fujian Province University, Fuzhou, China
  • [ 6 ] [Xu, Xun]College of Electrical Engineering and Automation, Fuzhou University Key Laboratory of Energy Digitalization, Fuzhou University, Fujian Province University, Fuzhou, China

Reprint 's Address:

Email:

Show more details

Related Keywords:

Source :

Year: 2023

Page: 321-327

Language: English

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

Affiliated Colleges:

Online/Total:62/10066967
Address:FZU Library(No.2 Xuyuan Road, Fuzhou, Fujian, PRC Post Code:350116) Contact Us:0591-22865326
Copyright:FZU Library Technical Support:Beijing Aegean Software Co., Ltd. 闽ICP备05005463号-1