Market Mechanism Design for Renewable Energy based on Risk Theory

3rd International Conference on Advances in Energy Resources and Environment Engineering

能源学;生态环境科学

Yang, Wu^1 ; Bo, Wang^2 ; Jichun, Liu^1 ; Wenjiao, Zai^1,2 ; Pingliang, Zeng^3 ; Haobo, Shi^3

School of Electrical Engineering and Information of Sichuan University, Chengdu, China^1

Engineering Institute, Sichuan Normal University, Chengdu, China^2

China Electric Power Research Institute, Beijing, China^3

关键词: Cost differences;    Decision making models;    Decreasing functions;    External environmental costs;    Market mechanisms;    Output fluctuations;    Random variability;    Renewable energies;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/113/1/012048/pdf
DOI  :  10.1088/1755-1315/113/1/012048

学科分类：环境科学（综合）

来源: IOP

【 摘 要 】

Generation trading between renewable energy and thermal power is an efficient market means for transforming supply structure of electric power into sustainable development pattern. But the trading is hampered by the output fluctuations of renewable energy and the cost differences between renewable energy and thermal power at present. In this paper, the external environmental cost (EEC) is defined and the EEC is introduced into the generation cost. At same time, the incentive functions of renewable energy and low-emission thermal power are designed, which are decreasing functions of EEC. On these bases, for the market risks caused by the random variability of EEC, the decision-making model of generation trading between renewable energy and thermal power is constructed according to the risk theory. The feasibility and effectiveness of the proposed model are verified by simulation results.