A Non-Cooperative Game Theoretic Model for Energy Pricing in Smart Distribution Networks Including Multiple Microgrids

In this paper, based on the non-cooperative game theory approach, an energy pricing model in smart distribution networks with multiple microgrids is proposed. In this model, the operation of distribution network and its connected microgrids are optimized while the profit of all beneficiaries is guaranteed. This paper studies the effectiveness and fairness of this pricing model by means of representative case studies. Furthermore, to highlight the optimality of proposed model, it is compared with a centralized model.