A Multi-Layer Game Model for Commercial Air-conditioning Load Participating in Peak Shaving

It is difficult to meet the requirements of power balance only by the regulation of power generation side faced with the increasing peak load and the fluctuation of new energy power generation. Demand response management can effectively improve this situation. Therefore, this paper proposes a multi-layer game model for commercial air-conditioning load participating in peak shaving. It consists of three layers: the Stackelberg game between power generation enterprise and electricity retailers; the static Bayesian game between electricity retailers, and the Stackelberg game between electricity retailers and users. With this game theoretic model, the real-time pricing for power generation enterprise is optimally determined considering the profit maximization of the power generation enterprise, the electricity retailers, and the users. Simulation results show that the proposed game model is beneficial for all the participants.