Evolutionary Game Analysis of Cooperation between Microgrid and Conventional Grid

Joint Authors

Long, Yong
Pan, Chengrong

Source

Mathematical Problems in Engineering

Issue

Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-10, 10 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2015-08-31

Country of Publication

Egypt

No. of Pages

10

Main Subjects

Civil Engineering

Abstract EN

This paper employs the evolutionary game theory to analyze the cooperation between microgrid and conventional grid, with the discussion focusing on the factors that influence the game players’ selection of strategies, and additionally makes a numerical simulation analysis.

The results of analysis based on the evolutionary game model suggest that the two parties’ undertaking of cooperative strategies and uncooperative strategies during the game is the stable point of their evolution and that the probability of their unanimous choice of cooperative strategies positively correlates with the direct benefits and indirect benefits of their cooperation as well as the government subsidies but negatively correlates with the cooperation costs and spending on cooperation risks.

Based on the findings, the paper puts forward a series of policy suggestions aiming to deepen the cooperation between microgrid and conventional grid.

American Psychological Association (APA)

Pan, Chengrong& Long, Yong. 2015. Evolutionary Game Analysis of Cooperation between Microgrid and Conventional Grid. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-10.
https://search.emarefa.net/detail/BIM-1072903

Modern Language Association (MLA)

Pan, Chengrong& Long, Yong. Evolutionary Game Analysis of Cooperation between Microgrid and Conventional Grid. Mathematical Problems in Engineering No. 2015 (2015), pp.1-10.
https://search.emarefa.net/detail/BIM-1072903

American Medical Association (AMA)

Pan, Chengrong& Long, Yong. Evolutionary Game Analysis of Cooperation between Microgrid and Conventional Grid. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-10.
https://search.emarefa.net/detail/BIM-1072903

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1072903