A Method to Calculate the Comprehensive Cost of Electric Power System Peak Regulation Considering Flexible Resource Investment

Zhang, Houcheng; Zhang, Tao; Hu, Yuou; Zhao, Guohao; Zhuang, Baisong

doi:10.1109/acpee53904.2022.9783866

Cited by 2 publications

(2 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Ye et al (2022) used the theory of power generation rights to formulate crossprovincial wind power trading strategies and proposed a market mechanism conducive to cost compensation for peak-shaving units (units providing peak-shaving service). Jing et al (2022) proposed a method for estimating system peak-shaving costs under high wind power penetration while considering flexible resource investment and peak-shaving markets. However, it is still limited to research on the peak regulation mechanism of the power side.…”

Section: Introductionmentioning

confidence: 99%

Research on the deep peak-shaving cost allocation mechanism considering the responsibility of the load side

Yang,

Yibo,

Chuang

et al. 2023

Front. Energy Res.

View full text Add to dashboard Cite

With the goal of carbon reduction, China has carried out a series of institutional reforms and innovations in renewable energy consumption. However, the existing allocation rules for peak-shaving costs concentrate on the power side only. In the context of high energy penetration rates, peak-shaving cost significantly increases, and the economic pressure on the power side sharply increases. As the beneficiaries of peak shaving, the load side, while enjoying clean energy, also needs to bear the responsibility of peak shaving and share part of the peak-shaving cost. In this regard, this paper proposes a peak-shaving cost allocation mechanism considering load-side participation. First, it uses the marginal contribution theory to establish the peak-shaving value evaluation model of the power and load. Then, based on the waveform similarity theory, it sets two indicators “Fluctuation Trend Similarity” and “Waveform Amplitude Difference” to evaluate each load’s renewable energy consumption responsibility. Finally, the peak-shaving cost allocation rules on the power source side and the load side are obtained. An example shows that the proposed allocation mechanism can initially realize the uniform distribution of power and load in peak-shaving cost. Furthermore, the method can promote the fairness of the peak-shaving market and guide users to reasonably participate in the peak-shaving market.

show abstract

Section: Introductionmentioning

confidence: 99%

Research on the deep peak-shaving cost allocation mechanism considering the responsibility of the load side

Yang,

Yibo,

Chuang

et al. 2023

Front. Energy Res.

View full text Add to dashboard Cite

show abstract

“…With the increase in the proportion of renewable energy, the problem of system peak-shaving, which is caused by large wind power generation at night and photovoltaic power generation at noon and afternoon, is becoming more and more prominent [1] . The China Development and Reform Commission clearly stated in Document No.…”

Section: Introductionmentioning

confidence: 99%

Research on Utility Calculation Method of Pumped Storage Participating in Peak-Shaving Market

Chen

Geng

et al. 2023

J. Phys.: Conf. Ser.

View full text Add to dashboard Cite

With the advancement of the “dual carbon” goal, the proportion of renewable energy in the system has increased significantly. The peak-shaving problem brought about by it has become increasingly significant. As an important flexible power resource, a pumped storage power station has good technical characteristics such as fast response speed, fast ramp rate, and large capacity. However, pumped storage also has problems such as difficult construction, long construction period, and high construction cost. Therefore, it is the current research focus to accurately evaluate the peak-shaving utility of pumped storage for the power system and then rationally plan the construction of pumped storage and fully optimize the utilization of pumped storage. This paper proposes a set of utility evaluation methods for pumping and storage peak regulation through the simulation of the power system and the power market. It can accurately evaluate the utility of pumping storage and peak shaving in various ways to participate in the peak shaving market. Through calculation examples, it can be concluded that when pumping storage participates in the market in an on-demand scheduling mode, the environmental and economic benefits are better than those brought by the load-side response.

show abstract

A Method to Calculate the Comprehensive Cost of Electric Power System Peak Regulation Considering Flexible Resource Investment

Cited by 2 publications

References 3 publications

Research on the deep peak-shaving cost allocation mechanism considering the responsibility of the load side

Research on the deep peak-shaving cost allocation mechanism considering the responsibility of the load side

Research on Utility Calculation Method of Pumped Storage Participating in Peak-Shaving Market

Contact Info

Product

Resources

About