Open AccessResearch on market bidding mechanism of generation rights trade for promoting new energy consumption
Author(s) -
Xue BiKe,
Qi TianXing,
Zhang Wei,
Li Yan,
Wang XiuLi
Publication year - 2017
Publication title -
the journal of engineering
Language(s) - English
Resource type - Journals
ISSN - 2051-3305
DOI - 10.1049/joe.2017.0557
Subject(s) - bidding , wind power , renewable energy , environmental economics , accommodation , business , unit (ring theory) , computer science , microeconomics , industrial organization , economics , electrical engineering , engineering , mathematics education , mathematics , neuroscience , biology
With large‐scale wind power access to the power system, the volatility and random of wind power bring difficulties to the renewable energy accommodation. The generation rights trade between thermal power unit and wind power is an effective way for accommodating wind power. This study proposed a market bidding mechanism of generation rights trade for regional grid. The division of paid peak load regulation and the range of bidding price of thermal power unit are also analysed here. A case study of northwest power grid is conducted to verify the reasonability and effectiveness of proposed mechanisms. The results show that the market bidding mechanism cannot only effectively promote the renewable energy accommodation, but also make wind unit and thermal power unit to gain higher benefits.