Mitigating Risk and Emissions in Power Systems: A Two-Stage Robust Dispatch Model with Carbon Trading

The large-scale integration of renewable energy sources is crucial for reducing carbon emissions. Integrating carbon trading mechanisms into electricity markets can further maximize this potential. However, the inherent uncertainty in renewable power generation poses significant challenges to effective decarbonization, renewable energy accommodation, and the security and cost efficiency of power system operations. In response to these challenges, this paper proposes a two-stage robust power dispatch model that incorporates carbon trading. This model is designed to minimize system operating costs, risk costs, and carbon trading costs while fully accounting for uncertainties in renewable energy output and the effects of carbon trading mechanisms. This model is solved using the column-and-constraint generation algorithm. Validation of an improved IEEE 39-bus system demonstrates its effectiveness, ensuring that dispatch decisions are both robust and cost-efficient. Compared to traditional dispatch models, the proposed model significantly reduces system risk costs, enhances the utilization of renewable energy, and, through the introduction of a ladder carbon trading mechanism, achieves substantial reductions in carbon emissions during system operation.