Songjie Feng, Wei Wei, Laijun Chen, et al. Reconciling Energy Trilemma in Power Systems: A Perspective from Engineering Game Theory[J]. CSEE Journal of Power and Energy Systems, 2025, 11(6): 2576-2586.
DOI:
Songjie Feng, Wei Wei, Laijun Chen, et al. Reconciling Energy Trilemma in Power Systems: A Perspective from Engineering Game Theory[J]. CSEE Journal of Power and Energy Systems, 2025, 11(6): 2576-2586.DOI: 10.17775/CSEEJPES.2025.04500.
Reconciling Energy Trilemma in Power Systems: A Perspective from Engineering Game Theory
摘要
Abstract
Decarbonizing the electricity sector is crucial to achieving the carbon neutrality goal. Integrating renewable energy and retrofitting conventional thermal units with carbon capture devices are the most effective ways to reduce carbon emissions from electricity generation. However
the uncertainty in renewable generation calls for additional energy storage units
which are still relatively expensive. The operation of carbon capture facilities also consumes extra energy
incurring additional costs. In a nutshell
energy security and environmental sustainability cannot be improved without compromising the economy
which is commonly referred to as the energy trilemma. In this paper
the conflict among security
sustainability
and economy is reconciled via engineering game theory. By formulating a tri-objective optimization problem
the tradeoff space is analytically expressed through polyhedral projection
and the Nash bargaining game is used to determine a unique outcome that achieves a fair tradeoff without using manually supplied parameters. Taking a renewable-dominated system as an example
in which renewable energy accounts for approximately two-thirds of the demand energy
it is shown that at equilibrium
63.7% of thermal units are retrofitted into carbon-capture units
and the power capacity of battery storage is approximately 4.3% of renewable generation capacity.