Equilibrium analysis has been widely studied as an effective tool to model gaming interactions and predict market results.However,as competition modes are fundamentally changed by the decarbonization and decentralizat...Equilibrium analysis has been widely studied as an effective tool to model gaming interactions and predict market results.However,as competition modes are fundamentally changed by the decarbonization and decentralization of power systems,analysis techniques must evolve.This article comprehensively reviews recent developments in modelling methods,practical settings and solution tech-niques in equilibrium analysis.Firstly,we review equilibrium in the evolving wholesale power markets which feature new entrants,novel trading products and multi-stage clearing.Secondly,the competition modes in the emerging distribution market and distributed resource aggregation are reviewed,and we compare peer-to-peer clearing,cooperative games and Stackelberg games.Further-more,we summarize the methods to treat various information acquisition degrees,risk preferences and rationalities of market par-ticipants.To deal with increasingly complex market settings,this review also covers refined analytical techniques and agent-based models used to compute the equilibrium.Finally,based on this review,this paper summarizes key issues in the gaming and equilibrium analysis in power markets under decarbonization and decentralization.展开更多
基金supported by NSFC-NWO International Cooper-ation project under Grant 52161135201by National Natural and Science Foundation of China under Grant U2066205。
文摘Equilibrium analysis has been widely studied as an effective tool to model gaming interactions and predict market results.However,as competition modes are fundamentally changed by the decarbonization and decentralization of power systems,analysis techniques must evolve.This article comprehensively reviews recent developments in modelling methods,practical settings and solution tech-niques in equilibrium analysis.Firstly,we review equilibrium in the evolving wholesale power markets which feature new entrants,novel trading products and multi-stage clearing.Secondly,the competition modes in the emerging distribution market and distributed resource aggregation are reviewed,and we compare peer-to-peer clearing,cooperative games and Stackelberg games.Further-more,we summarize the methods to treat various information acquisition degrees,risk preferences and rationalities of market par-ticipants.To deal with increasingly complex market settings,this review also covers refined analytical techniques and agent-based models used to compute the equilibrium.Finally,based on this review,this paper summarizes key issues in the gaming and equilibrium analysis in power markets under decarbonization and decentralization.
