Open AccessPreliminary Exploration of Establishing a Spot Quotation Alliance for Cascade Hydropower Stations
Author(s) -
Yuting Sun,
Changfa Xiao,
Yanmei Zhu,
Shijun Chen,
Weibin Huang,
Ge Ma
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/680/1/012122
Subject(s) - bidding , hydropower , electricity market , spot market , cascade , electricity , computer science , operations research , business , environmental economics , engineering , economics , marketing , electrical engineering , chemical engineering
For the spot electricity market, the quotation combining the hydropower stations is more resistant to uncertainties of runoff and spot price in market bidding. Therefore, it is of great significance to set up a spot quotation system for these hydropower stations. The paper first studied the fundamental characteristics of hydropower stations at different tiers, based on which the establishment of a quotation system of hydropower stations at different tiers and the bidding procedures were proposed. In addition, the paper investigated the joint bid model suitable for hydropower stations at different tiers based on cooperation between bidding stations. Finally, the paper established a coordinated management model and conflict-solving model for the quotation system of hydropower stations at different tiers, providing theoretical support for the system to take part in the spot electricity market and improve its marketing capabilities.