Game Theory-Based Framework of Solar–Wind Renewable Energy System

Renewable sources play an important role in the current environment world policy, lifting as a competent way to reduce greenhouse gas emissions that cause global warming. Game theory is presented in this composition to model the scheduling of a grid associated hybrid power system comprised of wind turbines and photovoltaic panels. Game theory attempts to scientifically capture behavior in the game and individual accomplishment in making choice depend on the choices of the other. Solar–wind hybrid system is explained using duopoly concept, and comparative study of HRES on the basis of Cournot, Bertrand and Stackelberg duopoly is presented. Further system is assessed by fuzzy logic system.

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