Hui Wang, Yishu Chen^*, Zichao Wu, Haocheng Xu

Energy Engineering, Vol.119, No.3, pp. 1141-1167, 2022, DOI:10.32604/ee.2022.016151 - 31 March 2022

Abstract

The randomness and uncertainty of renewable energy generation are expected to significantly change the optimal decision-making of trans-provincial electricity market subjects. Therefore, it is beneficial to optimize the interests of each of these subjects, considering the unpredictable risks of renewable energy under the renewable portfolio standards (RPS) and researching their effects on the optimal decision-making of trans-provincial electricity market multi-subjects. First, we develop a trans-provincial trading market mechanism for renewable energy and clarify the electricity supply and demand relation and the green certificates supply and demand relation of trans-provincial electricity market multi-subjects. Then, under the

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Hongming Yang^1,*, Qian Yu¹, Xiao Huang¹, Ben Niu², Min Qi³

Energy Engineering, Vol.118, No.2, pp. 285-301, 2021, DOI:10.32604/EE.2021.013734 - 23 December 2020

Abstract The two-way interaction between smart grid and customers will continuously play an important role in enhancing the overall efficiency of the green and low-carbon electric power industry and properly accommodating intermittent renewable energy resources. Thus far, the existing electricity pricing mechanisms hardly match the technical properties of smart grid; neither can they facilitate increasing end users participating in the electricity market. In this paper, several relevant models and novel methods are proposed for pricing scheme design as well as to achieve optimal decision-makings for market participants, in which the mechanisms behind are compatible with demand… More >