Research on Demand side Reactive Power Compensation Operating Lease Mode to Adapt to the New Situation of Energy and Electricity

Authors

  • Zheng Liu
  • Wei Guo
  • Xiao Xu
  • Jian Le
  • Jianyong Cui
  • Jianyun Xu

DOI:

https://doi.org/10.54097/1prp4j09

Keywords:

Operating, lease, Reactive compensation, Business model, Chaotic cat swarm algorithm, Asymmetric Nash Negotiation.

Abstract

With the development of economy towards green and low-carbon, higher requirements are put forward for energy conservation and efficiency enhancement of power system. To solve the problem of high initial investment and high risk of demand side reactive power compensation, this paper proposes a demand side reactive power compensation operating lease model. Power grid companies and equipment manufacturers combine service providers to undertake different division of labor and jointly serve users. The cost-benefit model of each participant is established, Optimize service fees with the goal of maximizing the net income of both users and service providers, and solved by chaotic cat swarm algorithm, An asymmetric Nash negotiation model is established to allocate service fees between power grid companies and equipment manufacturers. Finally, an example is given to demonstrate the effectiveness of the proposed method.

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Published

31-12-2023

How to Cite

Liu, Z., Guo, W., Xu, X., Le, J., Cui, J., & Xu, J. (2023). Research on Demand side Reactive Power Compensation Operating Lease Mode to Adapt to the New Situation of Energy and Electricity. Highlights in Science, Engineering and Technology, 76, 834-843. https://doi.org/10.54097/1prp4j09