The combined optimization model of purchasing and selling power based on CVaR

The core business of the electricity selling company is the purchase and sale of electricity. Through load combination optimization and mining of users' power consumption characteristics, power selling companies can obtain high-quality user groups, understand the various power consumption characteristics of users, so as to forecast load demand, and provide differentiated tariff packages for different user groups as the basis for purchasing and selling power decisions. Therefore, this paper sets up models for the cost of power purchase of the power selling company and the revenue of power selling considering the utility of power consumption of the user respectively, and finally establishes a joint optimization model of power purchase and sale based on CVaR to measure the risk. The effectiveness of the proposed joint optimization model is verified by numerical simulation.

Authors

Institutions

Publication Details

Published
2024-12-12
DOI
https://doi.org/10.1117/12.3050915
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

The combined optimization model of purchasing and selling power based on CVaR

Shoufu Shao, Yi Li, Sheng Bi, Ying Le et al.
Smart Grid Energy Management
article

The combined optimization model of purchasing and selling power based on CVaR

Shoufu Shao, Yi Li, Sheng Bi, Ying Le, Wei Qiang
article en

Abstract

The core business of the electricity selling company is the purchase and sale of electricity. Through load combination optimization and mining of users' power consumption characteristics, power selling companies can obtain high-quality user groups, understand the various power consumption characteristics of users, so as to forecast load demand, and provide differentiated tariff packages for different user groups as the basis for purchasing and selling power decisions. Therefore, this paper sets up models for the cost of power purchase of the power selling company and the revenue of power selling considering the utility of power consumption of the user respectively, and finally establishes a joint optimization model of power purchase and sale based on CVaR to measure the risk. The effectiveness of the proposed joint optimization model is verified by numerical simulation.

China Huadian Corporation (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 80%
Smart Grid Energy Management
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.