Study on market pricing for participation of electrochemical energy storage in peaking auxiliary service market

Under the background of "double carbon" target and new power system construction, in order to ensure the full recovery of the cost of electrochemical energy storage and improve the profitability of electrochemical energy storage, it is necessary to study the pricing problem of the market of electrochemical energy storage participating in the peaking auxiliary service, firstly, from the perspective of the adaptability of energy storage participating in the peaking and the mechanism of the investigation, and then. Construct the pricing model of auxiliary services for electrochemical energy storage participation in peak shifting, and finally, carry out the example verification to conclude that the pricing model can realize the full compensation of energy storage costs, guarantee the reasonable income of the electrochemical energy storage service providers, and promote the healthy and sustainable development of China's electrochemical energy storage industry.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10991623
Primary Topic
Power Systems and Renewable Energy
Type
article
Field-Weighted Citation Impact
0.00

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Study on market pricing for participation of electrochemical energy storage in peaking auxiliary service market

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Power Systems and Renewable Energy
article

Study on market pricing for participation of electrochemical energy storage in peaking auxiliary service market

Tianxiao Huang, Xuanyuan Wang, Zesen Wang, Zhen Liu, Huan Xie, Qi Li
article en

Abstract

Under the background of "double carbon" target and new power system construction, in order to ensure the full recovery of the cost of electrochemical energy storage and improve the profitability of electrochemical energy storage, it is necessary to study the pricing problem of the market of electrochemical energy storage participating in the peaking auxiliary service, firstly, from the perspective of the adaptability of energy storage participating in the peaking and the mechanism of the investigation, and then. Construct the pricing model of auxiliary services for electrochemical energy storage participation in peak shifting, and finally, carry out the example verification to conclude that the pricing model can realize the full compensation of energy storage costs, guarantee the reasonable income of the electrochemical energy storage service providers, and promote the healthy and sustainable development of China's electrochemical energy storage industry.

State Grid Corporation of China (China) (CN)
Science and Technology Project of State Grid
Affordable and clean energy
Openalex Percentile: Top 61%
Power Systems and Renewable Energy
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