Non-cooperative game theoretic-based two-stage nested optimization model for energy hub pricing and management considering extreme conditions
- skoumantakis
- Mar 11
- 1 min read
Extreme events are reshaping how energy systems must be designed and operated. The latest paper of the National Natural Science Foundation of China presents a game-theoretic, two-stage optimisation framework for energy hub pricing and management that jointly improves economic performance and resilience.
By coordinating heterogeneous energy sources while ensuring a Nash equilibrium, the proposed approach delivers:
• Up to 22.5% reduction in load loss under extreme scenarios.
• 4–5% improvement in economic benefits for energy hub operators.
This work highlights how advanced optimisation and strategic market design can strengthen sustainable power supply and system resilience when it matters most.
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