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A mechanism for two-level power market in China: promoting cross regional consumption of renewable energy.
- Source :
- Energy Procedia; Feb2019, Vol. 159, p255-260, 6p
- Publication Year :
- 2019
-
Abstract
- Abstract As the demand for renewable energy is increasing, China has gradually formed two-level power market mode with inter and inner provincial market. The traditional market model cannot reduce the risk of real-time operation caused by the intermittency of renewable energy, and cannot further promote the consumption of renewable energy. This paper introduces the model of China's two-level market, and proposes a segment bidding mechanism based on the minimum dispatchable interval (MDI). Finally, the mechanism is proved to reduce the risk of real-time operation and demonstrate the effectiveness of renewable energy consumption. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 18766102
- Volume :
- 159
- Database :
- Supplemental Index
- Journal :
- Energy Procedia
- Publication Type :
- Academic Journal
- Accession number :
- 135576932
- Full Text :
- https://doi.org/10.1016/j.egypro.2018.12.059