Considering the Peak Time Response of Users' Self Provided Power Sources in the Electricity Market

With the increase of electricity demand year by year in our country, the tense supply-demand relationship of power system occurs from time to time. self-contained power supply is a good peak response resource, but it can't realize its potential effectively because there is no proper market mechanism. So this paper presents an incentive mechanism for self-contained power supply users to participate in day-ahead market. At the same time, this paper establishes a Bayesian game model for users of self-contained power supply, and optimizes dispatching from the perspective of power grid. Finally, the advantages of peak time response with self-contained power supply are analyzed by comparing the operation cost and power flow distribution of traditional power grid and grid added to the self-contained power supply.

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Publication Details

Published
2024-10-25
DOI
https://doi.org/10.1109/appeec61255.2024.10922299
Primary Topic
Smart Grid Energy Management
Type
article
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Considering the Peak Time Response of Users' Self Provided Power Sources in the Electricity Market

Yang Du, Ciwei Gao, X. Wang, Shengjun Wu et al.
Smart Grid Energy Management
article

Considering the Peak Time Response of Users' Self Provided Power Sources in the Electricity Market

Yang Du, Ciwei Gao, X. Wang, Shengjun Wu, Lingyu Guo, Zijun Yang
article en

Abstract

With the increase of electricity demand year by year in our country, the tense supply-demand relationship of power system occurs from time to time. self-contained power supply is a good peak response resource, but it can't realize its potential effectively because there is no proper market mechanism. So this paper presents an incentive mechanism for self-contained power supply users to participate in day-ahead market. At the same time, this paper establishes a Bayesian game model for users of self-contained power supply, and optimizes dispatching from the perspective of power grid. Finally, the advantages of peak time response with self-contained power supply are analyzed by comparing the operation cost and power flow distribution of traditional power grid and grid added to the self-contained power supply.

Shanghai Electric (China) (CN), Southeast University (CN)
Affordable and clean energy
Openalex Percentile: Top 73%
Smart Grid Energy Management
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