A Study of Integrated Model for Electricity Supply Chain Considering Renewable Energy Fraction and Demand Variation

Authors

  • Kosuke Takahashi Department of Civil Engineering and Systems Management, Nagoya Institute of Technology, Japan
  • Jing Sun Department of Civil Engineering and Systems Management, Nagoya Institute of Technology, Japan

DOI:

https://doi.org/10.14738/abr.111.13768

Keywords:

Green Energy Coefficient (GEC), Electricity Supply Chain, Renewable Energy

Abstract

This paper aims to derive integrated model for electricity supply chain considering renewable energy fraction and demand variation. Currently, attention is being paid to increasing the ratio of renewable energy generation in the electric power market which called Green Energy Coefficient (GEC). This paper aims to derive an integrated model of electricity supply chain considering renewable energy fraction and demand variation using multi-agent reinforcement learning. The subjects of the models are the consumption market model, the electricity market model, and the production market model. Also, the pricing process in electricity supply chain is analyzed using the proposed multi-agent simulations.

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Published

2023-01-12

How to Cite

Takahashi, K., & Sun, J. (2023). A Study of Integrated Model for Electricity Supply Chain Considering Renewable Energy Fraction and Demand Variation. Archives of Business Research, 11(1), 12–21. https://doi.org/10.14738/abr.111.13768

Issue

Vol. 11 No. 1 (2023): Archives of Business Research

Section

Articles

License

Copyright (c) 2023 Kosuke Takahashi

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.