Pricing Strategy of Cloud Energy Storage with Multi-Entity Participation

Abstract

The large-scale application of energy storage systems is one of the most important means to improve the capability of renewable consumption, and its large-scale promotion requires capacity electricity price incentives. The existing calculation method is only related to the construction cost, and the income is fixed, which is not conducive to mobilizing the energy storage power station’s enthusiasm for operation. As a new form of energy storage, cloud energy storage relies on shared resources to achieve economies of scale, making it more convenient for users to use low-cost grid power and self-built distributed power. Similarly, cloud energy storage needs to explore better pricing strategies. This paper proposes a pricing strategy for cloud energy storage based on a master-slave game, which takes into account the revenue of cloud energy storage providers and the power grid. As the leader, the cloud energy storage provider determines the construction capacity based on the capacity electricity tariff signal. The power grid, as a follower, adjusts the capacity electricity bill according to the energy storage capacity, and the two interact with each other until equilibrium is achieved.