Summary

Under China’s dual-carbon goals and new power system transition, distributed PV is entering large-scale market participation, yet high dispersion and intermittency lead to poor forecastability, deviation risk, and unfair benefit allocation. This paper proposes a multi-agent aggregation model integrating LSTM forecasting with dynamic credit assessment in a

Stackelberg bi-level framework. The aggregator agent performs robust bid correction and credit-weighted revenue allocation, while PV agents use LSTM to learn temporal output patterns and maximize profit under credit constraints. Simulations with real data from a highpenetration Chinese province show reduced day-ahead bidding errors and improved participant revenues. The dynamic credit mechanism enhances incentive compatibility and suppresses speculative behavior, offering a practical pathway and policy insights for scalable

DPV market operation.

Additional informations

Publication type Session Materials
Reference C5_11524_2026
Publication year
Publisher CIGRE
Country China, People's Republic of
Study committees
File size 438 KB
Price for non member 30 €
Price for member 30 €

Authors

MA Li - State Grid; ZHAO Zheng - State Grid Energy Research Institute; SUN Qingkai - State Grid Energy Research Institute; LIN Sen - State Grid; GUO Kuifeng - State Grid; LIU Runzi - State Grid; TANG Chenghui - State Grid Energy Research Institute

Keywords

Electricity market; distributed photovoltaic; multi-agent systems; credit assessment; bi-level optimization

Study on China’s market participation model for aggregated distributed photovoltaic resources based on multi-agent credit assessment