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Design of Electric Power Spot Market Mechanism to Promote Renewable Energy Consumption

  • Insulation and Power Equipment

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

4 Scopus citations

Abstract

Spot market plays a key role in putting forward the construction of electricity market and improving operation efficiency and security. A low-consumption and high-efficiency electricity market is proposed to fulfill geographical representation, energy saving and environmental protection. Construction of the spot market is described to consider the main features of the local region and solve the prominent problems of electricity market. Based on the experience of domestic and international power market, the framework of spot market is proposed to promote the renewable energy consumption for the power grid with high proportion of renewable energy.

Original languageEnglish
Title of host publication2019 3rd IEEE Conference on Energy Internet and Energy System Integration
Subtitle of host publicationUbiquitous Energy Network Connecting Everything, EI2 2019
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages660-665
Number of pages6
ISBN (Electronic)9781728131375
DOIs
StatePublished - Nov 2019
Externally publishedYes
Event3rd IEEE Conference on Energy Internet and Energy System Integration, EI2 2019 - Changsha, China
Duration: 8 Nov 201910 Nov 2019

Publication series

Name2019 3rd IEEE Conference on Energy Internet and Energy System Integration: Ubiquitous Energy Network Connecting Everything, EI2 2019

Conference

Conference3rd IEEE Conference on Energy Internet and Energy System Integration, EI2 2019
Country/TerritoryChina
CityChangsha
Period8/11/1910/11/19

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • high proportion of renewable energy power grid
  • renewable energy consumption
  • spot market

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