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author:

Jiang, Yuewen (Jiang, Yuewen.) [1] | Yu, Simin (Yu, Simin.) [2] | Wen, Buying (Wen, Buying.) [3]

Indexed by:

EI

Abstract:

With the development of wind power generation, energy storage and demand side management technology, the schedule of monthly electricity purchase is more uncertain and risky. To enhance the executability and economy of the monthly market and reserve enough space to accommodate wind power, a bi-level decision model, which integrates demand side responses, energy storage, wind power accommodation and day-ahead electricity purchase schedules, is proposed in this paper. In the first layer, the monthly purchase volume and its hourly decomposition schedule are optimized. In the second layer, factors of uncertain day-ahead prices and economic risk are examined, and the corresponding dispatching schedule of energy storage system and thermal power in the day-ahead markets are further optimized to promote the monthly market benefit. The proposed methodology is illustrated using a realistic case study and related affecting factors are analyzed in detail. © 2018

Keyword:

Commerce Electric energy storage Electric power generation Electric utilities Power markets Risks Sales Wind power

Community:

  • [ 1 ] [Jiang, Yuewen]College of Electrical Engineering and Automation of Fuzhou University, Fuzhou; Fujian; 350116, China
  • [ 2 ] [Yu, Simin]State Grid Nanping Power Supply Company, Nanping; 353000, China
  • [ 3 ] [Wen, Buying]College of Electrical Engineering and Automation of Fuzhou University, Fuzhou; Fujian; 350116, China

Reprint 's Address:

  • [jiang, yuewen]college of electrical engineering and automation of fuzhou university, fuzhou; fujian; 350116, china

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Source :

International Journal of Electrical Power and Energy Systems

ISSN: 0142-0615

Year: 2019

Volume: 107

Page: 231-238

3 . 5 8 8

JCR@2019

5 . 0 0 0

JCR@2023

ESI HC Threshold:150

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 7

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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