Research on the Multi Modal Adaptability of Adjustable Load Resources in Spot and Peak Shaving Markets

With the rapid development of China's spot market construction, the demand for stimulating large-scale adjustable loads through market means is becoming increasingly urgent. This article first establishes a declaration model for the regulatory capacity of market entities. The sequential clearing mode and the joint clearing mode for adjustable load participation in spot and peak shaving markets are proposed. Then adaptability analysis of different modes based on case simulations and are conducted. At last, Finally, according to the development of China's electricity market, suggestions are provided to explore a more suitable trading model for adjustable loads participating in the spot market that meets the needs of China's power grid.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10991755
Primary Topic
Advanced Manufacturing and Logistics Optimization
Type
article
Field-Weighted Citation Impact
0.00

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Research on the Multi Modal Adaptability of Adjustable Load Resources in Spot and Peak Shaving Markets

Jianhu Lv, Ying Wang, Jian Geng, Jing Zhou et al.
Advanced Manufacturing and Logistics Optimization
article

Research on the Multi Modal Adaptability of Adjustable Load Resources in Spot and Peak Shaving Markets

Jianhu Lv, Ying Wang, Jian Geng, Jing Zhou, Xia Qiu, Fulei Ji
article en

Abstract

With the rapid development of China's spot market construction, the demand for stimulating large-scale adjustable loads through market means is becoming increasingly urgent. This article first establishes a declaration model for the regulatory capacity of market entities. The sequential clearing mode and the joint clearing mode for adjustable load participation in spot and peak shaving markets are proposed. Then adaptability analysis of different modes based on case simulations and are conducted. At last, Finally, according to the development of China's electricity market, suggestions are provided to explore a more suitable trading model for adjustable loads participating in the spot market that meets the needs of China's power grid.

China Electric Power Research Institute, Southeast University (CN)
State Grid Corporation of China
Openalex Percentile: Top 56%
Advanced Manufacturing and Logistics Optimization
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