A Game Theory-Based Approach to Time-of-use Electricity Pricing and Controllable Load Regulation

For realizing the effective regulation of multiple types of electrical loads, a game theory-based load regulation method is proposed. By using the Yalmip modeling tool, the regulation model including cuttable and transferable loads has been constructed. Then, the regulation strategy with electrical price as an incentive is designed, and the Cplex solver is used to calculate the process of the game. The simulation results show that the load regulation strategy proposed in this paper can effectively reduce the cost expenditure on the load side, improve the supply-demand balance between the grid and the load, and promote the economic and stable operation of the grid.