IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v283y2023ics0360544223024593.html
   My bibliography  Save this article

A Nash bargaining model for energy sharing between micro-energy grids and energy storage

Author

Listed:
  • Wang, Zaichuang
  • Chen, Laijun
  • Li, Xiaozhu
  • Mei, Shengwei

Abstract

Micro-energy grids (MEGs) play a crucial role in achieving diverse energy utilization and promoting low-carbon economies. However, the intermittent nature of distributed generation and the inter-coupling of multiple energy types pose challenges to efficient energy management in MEGs. In this paper, we propose a novel Nash bargaining game-based electricity-gas energy-sharing model for MEGs. Our model incorporates bus structure-based energy storage combined with power-to-gas technology, which enables MEGs to establish an integrated electricity-gas energy-sharing network. This network facilitates both direct sharing and buffered sharing of energy, addressing the limitations of intermittent generation and enhancing overall energy management. To address the issue of computational complexity, the proposed Nash bargaining game model is decomposed into two sub-problems: social energy cost minimization and benefits sharing. Through optimization, we obtain optimal energy-sharing profiles and energy-sharing payments. Moreover, we consider the investment payback period of energy storage and adjust the initial benefit-sharing results accordingly. Case studies demonstrate that our model significantly improves economic performance, increasing the self-sufficiency ratio of MEGs to 64% and energy storage efficiency to 63% compared to operating independently. Additionally, the multiplayer Nash bargaining game model facilitates Pareto optimal benefits for MEGs and energy storage by capturing their interactive dynamics.

Suggested Citation

  • Wang, Zaichuang & Chen, Laijun & Li, Xiaozhu & Mei, Shengwei, 2023. "A Nash bargaining model for energy sharing between micro-energy grids and energy storage," Energy, Elsevier, vol. 283(C).
  • Handle: RePEc:eee:energy:v:283:y:2023:i:c:s0360544223024593
    DOI: 10.1016/j.energy.2023.129065
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544223024593
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2023.129065?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Götz, Manuel & Lefebvre, Jonathan & Mörs, Friedemann & McDaniel Koch, Amy & Graf, Frank & Bajohr, Siegfried & Reimert, Rainer & Kolb, Thomas, 2016. "Renewable Power-to-Gas: A technological and economic review," Renewable Energy, Elsevier, vol. 85(C), pages 1371-1390.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hou, Langbo & Tong, Xi & Chen, Heng & Fan, Lanxin & Liu, Tao & Liu, Wenyi & Liu, Tong, 2024. "Optimized scheduling of smart community energy systems considering demand response and shared energy storage," Energy, Elsevier, vol. 295(C).
    2. Tang, Bao-Jun & Cao, Xi-Lin & Li, Ru & Xiang, Zhi-Bo & Zhang, Sen, 2024. "Economic and low-carbon planning for interconnected integrated energy systems considering emerging technologies and future development trends," Energy, Elsevier, vol. 302(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qi, Meng & Park, Jinwoo & Lee, Inkyu & Moon, Il, 2022. "Liquid air as an emerging energy vector towards carbon neutrality: A multi-scale systems perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 159(C).
    2. Gerbaulet, Clemens & von Hirschhausen, Christian & Kemfert, Claudia & Lorenz, Casimir & Oei, Pao-Yu, 2019. "European electricity sector decarbonization under different levels of foresight," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 141, pages 973-987.
    3. Andrea Barbaresi & Mirko Morini & Agostino Gambarotta, 2022. "Review on the Status of the Research on Power-to-Gas Experimental Activities," Energies, MDPI, vol. 15(16), pages 1-32, August.
    4. Chi, Lixun & Su, Huai & Zio, Enrico & Zhang, Jinjun & Li, Xueyi & Zhang, Li & Fan, Lin & Zhou, Jing & Bai, Hua, 2020. "Integrated Deterministic and Probabilistic Safety Analysis of Integrated Energy Systems with bi-directional conversion," Energy, Elsevier, vol. 212(C).
    5. Kolb, Sebastian & Plankenbühler, Thomas & Frank, Jonas & Dettelbacher, Johannes & Ludwig, Ralf & Karl, Jürgen & Dillig, Marius, 2021. "Scenarios for the integration of renewable gases into the German natural gas market – A simulation-based optimisation approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 139(C).
    6. Zhang, Zhonglian & Yang, Xiaohui & Li, Moxuan & Deng, Fuwei & Xiao, Riying & Mei, Linghao & Hu, Zecheng, 2023. "Optimal configuration of improved dynamic carbon neutral energy systems based on hybrid energy storage and market incentives," Energy, Elsevier, vol. 284(C).
    7. Guelpa, Elisa & Bischi, Aldo & Verda, Vittorio & Chertkov, Michael & Lund, Henrik, 2019. "Towards future infrastructures for sustainable multi-energy systems: A review," Energy, Elsevier, vol. 184(C), pages 2-21.
    8. Katla, Daria & Bartela, Łukasz & Skorek-Osikowska, Anna, 2020. "Evaluation of electricity generation subsystem of power-to-gas-to-power unit using gas expander and heat recovery steam generator," Energy, Elsevier, vol. 212(C).
    9. Ushnik Mukherjee & Azadeh Maroufmashat & Apurva Narayan & Ali Elkamel & Michael Fowler, 2017. "A Stochastic Programming Approach for the Planning and Operation of a Power to Gas Energy Hub with Multiple Energy Recovery Pathways," Energies, MDPI, vol. 10(7), pages 1-27, June.
    10. Victor Soto & Claudia Ulloa & Ximena Garcia, 2021. "A CFD Design Approach for Industrial Size Tubular Reactors for SNG Production from Biogas (CO 2 Methanation)," Energies, MDPI, vol. 14(19), pages 1-25, September.
    11. Farrokhifar, Meisam & Nie, Yinghui & Pozo, David, 2020. "Energy systems planning: A survey on models for integrated power and natural gas networks coordination," Applied Energy, Elsevier, vol. 262(C).
    12. Tubagus Aryandi Gunawan & Alessandro Singlitico & Paul Blount & James Burchill & James G. Carton & Rory F. D. Monaghan, 2020. "At What Cost Can Renewable Hydrogen Offset Fossil Fuel Use in Ireland’s Gas Network?," Energies, MDPI, vol. 13(7), pages 1-23, April.
    13. Andrade, Carlos & Selosse, Sandrine & Maïzi, Nadia, 2022. "The role of power-to-gas in the integration of variable renewables," Applied Energy, Elsevier, vol. 313(C).
    14. Xu, Xiao & Hu, Weihao & Cao, Di & Liu, Wen & Huang, Qi & Hu, Yanting & Chen, Zhe, 2021. "Enhanced design of an offgrid PV-battery-methanation hybrid energy system for power/gas supply," Renewable Energy, Elsevier, vol. 167(C), pages 440-456.
    15. Zhang, Hanfei & Wang, Ligang & Pérez-Fortes, Mar & Van herle, Jan & Maréchal, François & Desideri, Umberto, 2020. "Techno-economic optimization of biomass-to-methanol with solid-oxide electrolyzer," Applied Energy, Elsevier, vol. 258(C).
    16. Rousseau, Raphaël & Etcheverry, Luc & Roubaud, Emma & Basséguy, Régine & Délia, Marie-Line & Bergel, Alain, 2020. "Microbial electrolysis cell (MEC): Strengths, weaknesses and research needs from electrochemical engineering standpoint," Applied Energy, Elsevier, vol. 257(C).
    17. Fambri, Gabriele & Diaz-Londono, Cesar & Mazza, Andrea & Badami, Marco & Sihvonen, Teemu & Weiss, Robert, 2022. "Techno-economic analysis of Power-to-Gas plants in a gas and electricity distribution network system with high renewable energy penetration," Applied Energy, Elsevier, vol. 312(C).
    18. Al-Qahtani, Amjad & Parkinson, Brett & Hellgardt, Klaus & Shah, Nilay & Guillen-Gosalbez, Gonzalo, 2021. "Uncovering the true cost of hydrogen production routes using life cycle monetisation," Applied Energy, Elsevier, vol. 281(C).
    19. Ogden, Joan & Jaffe, Amy Myers & Scheitrum, Daniel & McDonald, Zane & Miller, Marshall, 2018. "Natural gas as a bridge to hydrogen transportation fuel: Insights from the literature," Energy Policy, Elsevier, vol. 115(C), pages 317-329.
    20. Strobel, Gion & Hagemann, Birger & Huppertz, Thiago Martins & Ganzer, Leonhard, 2020. "Underground bio-methanation: Concept and potential," Renewable and Sustainable Energy Reviews, Elsevier, vol. 123(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:283:y:2023:i:c:s0360544223024593. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.