Author(s)

Yue Pan and Yunbing Wei

Corresponding Author

Yue Pan

ABSTRACT

In this paper, a two-layer game model of users and retailers considering load management is constructed. The lower layer is the game between the users and the retailers. The analytic hierarchy process is used to establish the model of the users to select the retailer, and the market share of the retailer is updated by the evolutionary game. The upper layer is the game between the retailers. By using single-objective optimization and multi-company revenue-oriented algorithm, the electricity price strategy is adjusted. Through Matlab simulation, the model is valid, and the single-objective and multi-objective optimization strategies are compared to prove that the multi-objective optimization results are more in line with actual needs.

KEYWORDS

Two-layer game model, Matlab simulation, multi-objective optimization results, evolutionary game