TY - GEN
T1 - An Inter-provincial Transaction Model Adapting to the Coordinated Operation of Provincial Power Markets Considering the Uncertainty of Renewable Energy
AU - Gao, Botao
AU - Ding, Tao
AU - Ju, Chang
AU - Feng, Shuhai
AU - Sun, Yangsheng
AU - Zhu, Jingkai
N1 - Publisher Copyright:
© 2023 IEEE.
PY - 2023
Y1 - 2023
N2 - In China, power markets can be divided into two levels, which are the provincial and inter-provincial power markets. Power transaction among provinces is limited to the available transfer capacity (ATC). What's more, with the promotion of the aim to achieve carbon neutrality, more and more renewable energy power stations are integrated into the grid. The increasing electrical equipment makes the power load change more frequently. These factors together bring great uncertainties to power trading. To promote the inter-provincial power transaction and better reduce the effects of uncertainty from renewable power and load demand, this paper establishes an inter-provincial power transaction model based on bi-level power market taking uncertainties of renewable energy and load into account. With the case study based on a modified two-level power market, the effectiveness of power transaction model is verified.
AB - In China, power markets can be divided into two levels, which are the provincial and inter-provincial power markets. Power transaction among provinces is limited to the available transfer capacity (ATC). What's more, with the promotion of the aim to achieve carbon neutrality, more and more renewable energy power stations are integrated into the grid. The increasing electrical equipment makes the power load change more frequently. These factors together bring great uncertainties to power trading. To promote the inter-provincial power transaction and better reduce the effects of uncertainty from renewable power and load demand, this paper establishes an inter-provincial power transaction model based on bi-level power market taking uncertainties of renewable energy and load into account. With the case study based on a modified two-level power market, the effectiveness of power transaction model is verified.
KW - inter-provincial power transaction
KW - renewable energy
KW - stochastic optimization
KW - two-level power market
UR - https://www.scopus.com/pages/publications/85163284992
U2 - 10.1109/PandaFPE57779.2023.10141480
DO - 10.1109/PandaFPE57779.2023.10141480
M3 - 会议稿件
AN - SCOPUS:85163284992
T3 - Proceedings - 2023 Panda Forum on Power and Energy, PandaFPE 2023
SP - 616
EP - 621
BT - Proceedings - 2023 Panda Forum on Power and Energy, PandaFPE 2023
A2 - Liu, Junyong
A2 - Han, Xiaoyan
A2 - Hu, Weihao
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2023 Panda Forum on Power and Energy, PandaFPE 2023
Y2 - 27 April 2023 through 30 April 2023
ER -
