Multi-level game-theoretic decision-making and risk management for electricity sales companies in multi-region power markets

Key Points

• To develop a decision-making framework that optimizes procurement and pricing strategies for electricity sales companies.
• Proposed an integrated framework for optimizing wholesale and retail portfolios.
• Modeled customer interactions using a multi-level Stackelberg–Bayesian game approach.
• Assessed risks associated with procurement and pricing in volatile markets.
• Quantified pricing and procurement risks under demand and price volatility.
• Showed improved efficiency in procurement strategies across multiple regions.
• Demonstrated effective management of customer interactions through game-theoretic modeling.