Market Equilibrium Based on Cloud-edge Collaboration

Tong Cheng; Haiwang Zhong; Qing Xia

doi:10.17775/CSEEJPES.2022.07130

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Market Equilibrium Based on Cloud-edge Collaboration

Regular Papers | 更新时间：2026-10-15

- Market Equilibrium Based on Cloud-edge Collaboration
- Market Equilibrium Based on Cloud-edge Collaboration
- 中国电机工程学会电力与能源系统学报(英文) 2024年10卷第1期页码：96-104
- 作者机构：
  
  Department of Electrical Engineering, State Key Laboratory of Power Systems, Tsinghua University,Beijing,China
- 作者简介：
- 基金信息：
- DOI：10.17775/CSEEJPES.2022.07130
  中图分类号：
- 纸质出版：2024-01-01
- 稿件说明：
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Tong Cheng, Haiwang Zhong, Qing Xia. Market Equilibrium Based on Cloud-edge Collaboration[J]. 中国电机工程学会电力与能源系统学报(英文), 2024,10(1):96-104.

Tong Cheng, Haiwang Zhong, Qing Xia. Market Equilibrium Based on Cloud-edge Collaboration[J]. CSEE Journal of Power and Energy Systems, 2024, 10(1): 96-104.
Tong Cheng, Haiwang Zhong, Qing Xia. Market Equilibrium Based on Cloud-edge Collaboration[J]. 中国电机工程学会电力与能源系统学报(英文), 2024,10(1):96-104. DOI： 10.17775/CSEEJPES.2022.07130.

Tong Cheng, Haiwang Zhong, Qing Xia. Market Equilibrium Based on Cloud-edge Collaboration[J]. CSEE Journal of Power and Energy Systems, 2024, 10(1): 96-104. DOI： 10.17775/CSEEJPES.2022.07130.

摘要

Abstract

Market participants can only bid with lagged information disclosure under the existing market mechanism

which can lead to information asymmetry and irrational market behavior

thus influencing market efficiency. To promote rational bidding behavior of market participants and improve market efficiency

a novel electricity market mechanism based on cloudedge collaboration is proposed in this paper. Critical market information

called residual demand curve

is published to market participants in real-time on the cloud side

while participants on the edge side are allowed to adjust their bids according to the information disclosure prior to closure gate. The proposed mechanism can encourage rational bids in an incentive-compatible way through the process of dynamic equilibrium while protecting participants' privacy. This paper further formulates the mathematical model of market equilibrium to simulate the process of each market participant's strategic bidding behavior towards equilibrium. A case study based on the IEEE 30-bus system shows the proposed market mechanism can effectively guide bidding behavior of market participants

while condensing exchanged information and protecting privacy of participants.

关键词

Keywords

references

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