Energy Block Pool-Based Two-Stage Clearing Model for Electricity Spot Market

In order to satisfy the diverse transaction demands of multiple energy resources and players, and to improve the operational efficiency of the temporal bidding-based electricity spot market, it is urgent to design clearing mechanisms for the electricity spot market that take into account diversification, standardization and flexibility. To solve this problem, in this paper, the clearing models for energy block pool-based electricity spot market are established. First, four types of energy blocks are introduced, and their mathematical models are established according to their physical-economic characteristics. Next, the concept of energy block pool is proposed, and the day-ahead and real-time clearing model of energy block pool-based electricity spot market is established. Moreover, the cost-benefit settlement methods of different energy blocks are given. Finally, the numerical simulations are carried out in the IEEE-9 bus system with fourteen energy blocks. It shows that the established two-stage clearing model is effective. The differentiated characteristics and transaction demands of the four types of energy blocks can be satisfied.

Authors

Publication Details

Published
2024-09-20
DOI
https://doi.org/10.1109/icpre62586.2024.10768651
Primary Topic
Smart Grid and Power Systems
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Energy Block Pool-Based Two-Stage Clearing Model for Electricity Spot Market

Xiaorui Qian, Xiangpeng Zhan, Kai Xiao, Xiaofeng Zheng et al.
Smart Grid and Power Systems
article

Energy Block Pool-Based Two-Stage Clearing Model for Electricity Spot Market

Xiaorui Qian, Xiangpeng Zhan, Kai Xiao, Xiaofeng Zheng, Yuying Chen
article en

Abstract

In order to satisfy the diverse transaction demands of multiple energy resources and players, and to improve the operational efficiency of the temporal bidding-based electricity spot market, it is urgent to design clearing mechanisms for the electricity spot market that take into account diversification, standardization and flexibility. To solve this problem, in this paper, the clearing models for energy block pool-based electricity spot market are established. First, four types of energy blocks are introduced, and their mathematical models are established according to their physical-economic characteristics. Next, the concept of energy block pool is proposed, and the day-ahead and real-time clearing model of energy block pool-based electricity spot market is established. Moreover, the cost-benefit settlement methods of different energy blocks are given. Finally, the numerical simulations are carried out in the IEEE-9 bus system with fourteen energy blocks. It shows that the established two-stage clearing model is effective. The differentiated characteristics and transaction demands of the four types of energy blocks can be satisfied.

Openalex Percentile: Top 77%
Smart Grid and Power Systems
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.

Energy Block Pool-Based Two-Stage Clearing Model for Electricity Spot Market — Xiaorui Qian, Xiangpeng Zhan, et al. · (2024) | TGRS Research Map | TGRS