Compensation Mechanism of Controllable Load Shifting during Peak-Down Period Based on Revenue Balance Method

With the large-scale integration of new energy, the obstruction of new energy consumption is prone to occur often during peak-down periods with a low load and high output of new energy. It is urgent to mobilize controllable load shifting through compensation mechanisms to achieve the goals of peak shaving, valley filling, and promotion of new energy consumption. This study constructs a framework of auxiliary service market and compensation mechanism for power shift between new energy power generation enterprises and controllable load enterprises. Secondly, aiming to achieve the principle of revenue balance between new energy power generation enterprises and controllable load enterprises, a quantity and price compensation model based on the particle swarm optimization algorithm is proposed. Then, under the principle of determining the compensation order of different controllable load enterprises through comprehensive evaluation and formulating differentiated compensation prices one by one, a compensation method and process for controllable load enterprises to shift have been established. Finally, through a case analysis, compensation prices for five types of controllable loads were formulated, with values ranging from 99.36 to 197.41 CNY/MWh. This increased the compensation for controllable loads on the basis of the original peak-valley price, verifying the feasibility of the method described in this study.

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Journal
Processes
Published
2024-08-13
DOI
https://doi.org/10.3390/pr12081692
Citations
1
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.21
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Compensation Mechanism of Controllable Load Shifting during Peak-Down Period Based on Revenue Balance Method

Wenlu Du, Yalong Li, Yuzhi Xu, Chen Liang et al.
1 citations
Processes
Smart Grid Energy Management
0.21
article

Compensation Mechanism of Controllable Load Shifting during Peak-Down Period Based on Revenue Balance Method

Wenlu Du, Yalong Li, Yuzhi Xu, Chen Liang, Yaxin Li
article en
1 citations

Abstract

With the large-scale integration of new energy, the obstruction of new energy consumption is prone to occur often during peak-down periods with a low load and high output of new energy. It is urgent to mobilize controllable load shifting through compensation mechanisms to achieve the goals of peak shaving, valley filling, and promotion of new energy consumption. This study constructs a framework of auxiliary service market and compensation mechanism for power shift between new energy power generation enterprises and controllable load enterprises. Secondly, aiming to achieve the principle of revenue balance between new energy power generation enterprises and controllable load enterprises, a quantity and price compensation model based on the particle swarm optimization algorithm is proposed. Then, under the principle of determining the compensation order of different controllable load enterprises through comprehensive evaluation and formulating differentiated compensation prices one by one, a compensation method and process for controllable load enterprises to shift have been established. Finally, through a case analysis, compensation prices for five types of controllable loads were formulated, with values ranging from 99.36 to 197.41 CNY/MWh. This increased the compensation for controllable loads on the basis of the original peak-valley price, verifying the feasibility of the method described in this study.

ProcessesVol. 12(8)
China University of Mining and Technology (CN)
Affordable and clean energy
Openalex Percentile: Top 49%
Smart Grid Energy Management
0.21
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