Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization

Liang Xu; Xiaoliang Dong; Ning Qiao; Chao Zhang; Yuge Sun; Tao Ding

doi:10.1109/CEEPE55110.2022.9783132

Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization

Liang Xu
, Xiaoliang Dong
, Ning Qiao
, Chao Zhang
, Yuge Sun
, Tao Ding

School of Electrical Engineering

Beijing Power Exchange Center
Ningxia Electric Power Company
Xi'an Jiaotong University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Scopus citations

Abstract

Promoting the construction of the power market and the implementation of renewable energy policies to facilitate the use of renewable energy has become the industry consensus. In recent years, the renewable energy installed capacity in China has exploded, the varieties of market-oriented transactions for renewable energy have been continuously enriched, and the renewable energy policies also have been improved. However, the lack of quantitative analysis synthetically considering the impact of market, policy, and physical boundary on renewable energy utilization makes it difficult to measure and compare the effect of power market and policies. To solve this problem, this paper constructs a quantitative analysis model for renewable energy utilization and analyzes the influence mechanism of the market, policy, and physical boundary on renewable energy utilization to minimize system operating costs. The validity of the proposed model is verified by numerical results.

Original language	English
Title of host publication	2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	976-981
Number of pages	6
ISBN (Electronic)	9781665479059
DOIs	https://doi.org/10.1109/CEEPE55110.2022.9783132
State	Published - 2022
Event	5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022 - Chongqing, China Duration: 22 Apr 2022 → 24 Apr 2022

Publication series

Name	2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022

Conference

Conference	5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022
Country/Territory	China
City	Chongqing
Period	22/04/22 → 24/04/22

UN SDGs

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

SDG 7 Affordable and Clean Energy

Keywords

physical boundary
policy
power market
quantitative analysis
renewable energy

Access to Document

10.1109/CEEPE55110.2022.9783132

Cite this

Xu, L., Dong, X., Qiao, N., Zhang, C., Sun, Y., & Ding, T. (2022). Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization. In 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022 (pp. 976-981). (2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/CEEPE55110.2022.9783132

Xu, Liang ; Dong, Xiaoliang ; Qiao, Ning et al. / Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization. 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022. Institute of Electrical and Electronics Engineers Inc., 2022. pp. 976-981 (2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022).

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title = "Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization",

abstract = "Promoting the construction of the power market and the implementation of renewable energy policies to facilitate the use of renewable energy has become the industry consensus. In recent years, the renewable energy installed capacity in China has exploded, the varieties of market-oriented transactions for renewable energy have been continuously enriched, and the renewable energy policies also have been improved. However, the lack of quantitative analysis synthetically considering the impact of market, policy, and physical boundary on renewable energy utilization makes it difficult to measure and compare the effect of power market and policies. To solve this problem, this paper constructs a quantitative analysis model for renewable energy utilization and analyzes the influence mechanism of the market, policy, and physical boundary on renewable energy utilization to minimize system operating costs. The validity of the proposed model is verified by numerical results.",

keywords = "physical boundary, policy, power market, quantitative analysis, renewable energy",

author = "Liang Xu and Xiaoliang Dong and Ning Qiao and Chao Zhang and Yuge Sun and Tao Ding",

note = "Publisher Copyright: {\textcopyright} 2022 IEEE.; 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022 ; Conference date: 22-04-2022 Through 24-04-2022",

year = "2022",

doi = "10.1109/CEEPE55110.2022.9783132",

language = "英语",

series = "2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

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Xu, L, Dong, X, Qiao, N, Zhang, C, Sun, Y & Ding, T 2022, Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization. in 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022. 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022, Institute of Electrical and Electronics Engineers Inc., pp. 976-981, 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022, Chongqing, China, 22/04/22. https://doi.org/10.1109/CEEPE55110.2022.9783132

Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization. / Xu, Liang; Dong, Xiaoliang; Qiao, Ning et al.
2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022. Institute of Electrical and Electronics Engineers Inc., 2022. p. 976-981 (2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization

AU - Xu, Liang

AU - Dong, Xiaoliang

AU - Qiao, Ning

AU - Zhang, Chao

AU - Sun, Yuge

AU - Ding, Tao

PY - 2022

Y1 - 2022

N2 - Promoting the construction of the power market and the implementation of renewable energy policies to facilitate the use of renewable energy has become the industry consensus. In recent years, the renewable energy installed capacity in China has exploded, the varieties of market-oriented transactions for renewable energy have been continuously enriched, and the renewable energy policies also have been improved. However, the lack of quantitative analysis synthetically considering the impact of market, policy, and physical boundary on renewable energy utilization makes it difficult to measure and compare the effect of power market and policies. To solve this problem, this paper constructs a quantitative analysis model for renewable energy utilization and analyzes the influence mechanism of the market, policy, and physical boundary on renewable energy utilization to minimize system operating costs. The validity of the proposed model is verified by numerical results.

AB - Promoting the construction of the power market and the implementation of renewable energy policies to facilitate the use of renewable energy has become the industry consensus. In recent years, the renewable energy installed capacity in China has exploded, the varieties of market-oriented transactions for renewable energy have been continuously enriched, and the renewable energy policies also have been improved. However, the lack of quantitative analysis synthetically considering the impact of market, policy, and physical boundary on renewable energy utilization makes it difficult to measure and compare the effect of power market and policies. To solve this problem, this paper constructs a quantitative analysis model for renewable energy utilization and analyzes the influence mechanism of the market, policy, and physical boundary on renewable energy utilization to minimize system operating costs. The validity of the proposed model is verified by numerical results.

KW - physical boundary

KW - policy

KW - power market

KW - quantitative analysis

KW - renewable energy

UR - https://www.scopus.com/pages/publications/85132273321

U2 - 10.1109/CEEPE55110.2022.9783132

DO - 10.1109/CEEPE55110.2022.9783132

M3 - 会议稿件

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BT - 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022

Y2 - 22 April 2022 through 24 April 2022

ER -

Xu L, Dong X, Qiao N, Zhang C, Sun Y, Ding T. Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization. In 2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022. Institute of Electrical and Electronics Engineers Inc. 2022. p. 976-981. (2022 5th International Conference on Energy, Electrical and Power Engineering, CEEPE 2022). doi: 10.1109/CEEPE55110.2022.9783132

Quantitative Analysis of the Impact of Power Market and Policy on Renewable Energy Utilization

Abstract

Publication series

Conference

UN SDGs

Keywords

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