Pricing decision-making for interruptible load participating in day-ahead electricity and reserve markets

Wei Gu; Si Zhang; Kan Yang; Jing Zhou; Zhiquan Meng

doi:10.1117/12.2640227

1 August 2022 Pricing decision-making for interruptible load participating in day-ahead electricity and reserve markets

Wei Gu, Si Zhang, Kan Yang, Jing Zhou, Zhiquan Meng

Proceedings Volume 12257, 4th International Conference on Information Science, Electrical, and Automation Engineering (ISEAE 2022); 1225732 (2022) https://doi.org/10.1117/12.2640227
Event: 4th International Conference on Information Science, Electrical, and Automation Engineering (ISEAE 2022), 2022, Guangzhou, China

Abstract

The power market is gradually transitioning to the mode of "power generation side quotation and user side quotation" and the stage of joint clearing of electric energy and auxiliary services. Therefore, it is necessary to study the power market in which interruptible loads participate in joint clearing under the bilateral quotation mode. In this paper, the risk cost caused by interruptible load's participation in the spot market before the day is analyzed and studied, and a joint clearing model of electricity energy and reserve auxiliary service market in the spot market before the day is established. The members of the market on the load side are introduced into the market in the form of quotation, and an example analysis of a provincial power grid proves that the mechanism of load's participation in the joint market proposed in this paper is superior.

Citation Download Citation

Wei Gu, Si Zhang, Kan Yang, Jing Zhou, and Zhiquan Meng "Pricing decision-making for interruptible load participating in day-ahead electricity and reserve markets", Proc. SPIE 12257, 4th International Conference on Information Science, Electrical, and Automation Engineering (ISEAE 2022), 1225732 (1 August 2022); https://doi.org/10.1117/12.2640227

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