Chapters authored
Energy Management in Microgrids: A Combination of Game Theory and Big Data‐Based Wind Power Forecasting
Energy internet provides an open framework for integrating every piece of equipment involved in energy generation, transmission, transformation, distribution, and consumption with novel information and communication technologies. In this chapter, the authors adopt a combination of game theory and big data to address the coordinated management of renewable and traditional energy, which is a typical issue on energy interconnections. The authors formulate the energy management problem as a three‐stage Stackelberg game and employ the backward induction method to derive the closed‐form expressions of the optimal strategies. Next, we study the big data‐based power generation forecasting techniques and introduce a scheme of the wind power forecasting, which can assist the microgrid to make strategies. Simulation results show that more accurate prediction results of wind power are conducive to better energy management.
Part of the book: Development and Integration of Microgrids