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Proceedings of the 2nd International Conference on Engineering Management and Information Science, EMIS 2023, February 24-26, 2023, Chengdu, China

Research Article

Transaction Optimization Decision of Integrated Energy Market based on Genetic Algorithm

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  • @INPROCEEDINGS{10.4108/eai.24-2-2023.2330637,
        author={Yi  Wang and Yong  Yu and Jie  Xu and Jianli  Yang},
        title={Transaction Optimization Decision of Integrated Energy Market based on Genetic Algorithm},
        proceedings={Proceedings of the 2nd International Conference on Engineering Management and Information Science, EMIS 2023, February 24-26, 2023, Chengdu, China},
        publisher={EAI},
        proceedings_a={EMIS},
        year={2023},
        month={6},
        keywords={genetic algorithm integrated energy market market transaction optimization decision},
        doi={10.4108/eai.24-2-2023.2330637}
    }
    
  • Yi Wang
    Yong Yu
    Jie Xu
    Jianli Yang
    Year: 2023
    Transaction Optimization Decision of Integrated Energy Market based on Genetic Algorithm
    EMIS
    EAI
    DOI: 10.4108/eai.24-2-2023.2330637
Yi Wang1, Yong Yu2, Jie Xu1, Jianli Yang1,*
  • 1: State Grid Ningbo Power Supply Company
  • 2: Ningbo Electric Power Trade Association
*Contact email: 762466346@qq.com

Abstract

China is the world's largest energy producer and consumer. In the context of global warming and the transformation of the international energy structure, China's energy development is facing great pressure from the structural reform of the supply and demand side; In the process of China's energy structure transformation, it is urgent to reduce energy consumption while meeting various energy needs and put forward the optimization decision of comprehensive energy market transactions. Therefore, based on genetic algorithm(GA), this paper studies and analyzes the transaction optimization decision of integrated energy market(IEM). This paper briefly introduces the trading system of the energy market and the multi-agent trading mode of the IEM, highlights the GA, and discusses the optimization decision-making of the IEM based on the GA. Finally, the simulation experiment is carried out through the optimization of the IEM. The simulation results show that the proposed operation optimization(OO) decision-making model based on the GA can effectively and improve the social and environmental benefits of the system operation, Improve the economic cost of operation; GA is used to solve the calculation of optimization model, and the feasibility of transaction mechanism and optimization model is verified by the algorithm.

Keywords
genetic algorithm integrated energy market market transaction optimization decision
Published
2023-06-15
Publisher
EAI
http://dx.doi.org/10.4108/eai.24-2-2023.2330637
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