Optimization Methodology for Electricity-Carbon Coupled Multilateral Trading Taking Into Account New Energy Consumption

Electricity-carbon coupling is an emerging business field that can give full play to the advantages of electric power big data, take electric power as a link, and synergistically drive the whole society to realize green and low-carbon development. This paper analyzes the synergistic relationship between the power market and carbon market, and after clarifying the overall process of trading in the power and carbon market, establishes a joint trading model coupled with new energy and independent user direct trading model. The model guides the user-side resources to participate in new energy consumption. In the transaction process, the user obtains the revenue from new energy consumption, and the new energy power generation obtains the power generation quota by paying the user response cost, so as to improve the efficiency of power generation. Finally, the experiment proves the rationality of the joint dispatch mode of power generation right and carbon emission right, which realizes the efficient utilization of energy and cost reduction. At the same time, it provides a broader space for the large-scale consumption of wind power and promotes the development of the energy industry in the direction of green, low-carbon and sustainable.

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Publication Details

Published
2024-10-25
DOI
https://doi.org/10.1109/sges63808.2024.10824111
Primary Topic
Power Systems and Renewable Energy
Type
article
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article

Optimization Methodology for Electricity-Carbon Coupled Multilateral Trading Taking Into Account New Energy Consumption

Yixin Hou, Shangmin Guo, Haiwei Jiang, Xing Ji
Power Systems and Renewable Energy
article

Optimization Methodology for Electricity-Carbon Coupled Multilateral Trading Taking Into Account New Energy Consumption

Yixin Hou, Shangmin Guo, Haiwei Jiang, Xing Ji
article en

Abstract

Electricity-carbon coupling is an emerging business field that can give full play to the advantages of electric power big data, take electric power as a link, and synergistically drive the whole society to realize green and low-carbon development. This paper analyzes the synergistic relationship between the power market and carbon market, and after clarifying the overall process of trading in the power and carbon market, establishes a joint trading model coupled with new energy and independent user direct trading model. The model guides the user-side resources to participate in new energy consumption. In the transaction process, the user obtains the revenue from new energy consumption, and the new energy power generation obtains the power generation quota by paying the user response cost, so as to improve the efficiency of power generation. Finally, the experiment proves the rationality of the joint dispatch mode of power generation right and carbon emission right, which realizes the efficient utilization of energy and cost reduction. At the same time, it provides a broader space for the large-scale consumption of wind power and promotes the development of the energy industry in the direction of green, low-carbon and sustainable.

Shanghai Electric (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 73%
Power Systems and Renewable Energy
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Optimization Methodology for Electricity-Carbon Coupled Multilateral Trading Taking Into Account New Energy Consumption — Yixin Hou, Shangmin Guo, et al. · (2024) | TGRS Research Map | TGRS