Study on the Economic Benefits of Gas–Wind–Solar Power Alliance Under Gas Peaking Mode

Accelerating the integration of wind and solar power is essential for achieving China’s “Dual Carbon” goals, but their inherent intermittency poses significant challenges for grid stability and renewable energy utilization. This study addresses these challenges by proposing a comprehensive economic benefit optimization model for a combined gas–wind–solar power generation system under a natural gas peaking mode. The model systematically incorporates multidimensional economic indicators—including generation revenue, green certificate revenue, curtailment losses, and carbon emission costs—while accounting for operational constraints and the fluctuating nature of renewables. Simulation results show that the hybrid system achieves a total economic benefit of 9.97 million yuan, with operating costs at 20% of income and curtailment plus carbon penalty costs below 2%. Compared to single-source generation, the hybrid approach reduces wind and solar curtailment by over 90%, and maintains high channel utilization. Sensitivity analysis reveals that lower gas prices and higher green certificate prices significantly enhance both renewable energy integration and economic returns, while balanced output scenarios maximize system benefits. This research provides a quantitative assessment of the economic and environmental outcomes of a gas–wind–solar complementary system, offering practical insights to maximize renewable energy utilization and support China’s low-carbon energy transition.

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Publication Details

Journal
Energies
Published
2025-12-25
DOI
https://doi.org/10.3390/en19010125
Primary Topic
Integrated Energy Systems Optimization
Type
article
Field-Weighted Citation Impact
0.00

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article

Study on the Economic Benefits of Gas–Wind–Solar Power Alliance Under Gas Peaking Mode

Fuping Wang
Energies
Integrated Energy Systems Optimization
article

Study on the Economic Benefits of Gas–Wind–Solar Power Alliance Under Gas Peaking Mode

Fuping Wang
article en

Abstract

Accelerating the integration of wind and solar power is essential for achieving China’s “Dual Carbon” goals, but their inherent intermittency poses significant challenges for grid stability and renewable energy utilization. This study addresses these challenges by proposing a comprehensive economic benefit optimization model for a combined gas–wind–solar power generation system under a natural gas peaking mode. The model systematically incorporates multidimensional economic indicators—including generation revenue, green certificate revenue, curtailment losses, and carbon emission costs—while accounting for operational constraints and the fluctuating nature of renewables. Simulation results show that the hybrid system achieves a total economic benefit of 9.97 million yuan, with operating costs at 20% of income and curtailment plus carbon penalty costs below 2%. Compared to single-source generation, the hybrid approach reduces wind and solar curtailment by over 90%, and maintains high channel utilization. Sensitivity analysis reveals that lower gas prices and higher green certificate prices significantly enhance both renewable energy integration and economic returns, while balanced output scenarios maximize system benefits. This research provides a quantitative assessment of the economic and environmental outcomes of a gas–wind–solar complementary system, offering practical insights to maximize renewable energy utilization and support China’s low-carbon energy transition.

EnergiesVol. 19(1)
National Office for Philosophy and Social Sciences
Affordable and clean energy
Openalex Percentile: Top 42%
Integrated Energy Systems Optimization
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