New energy participation day-ahead spot market clearing method based on two-tier architecture

Fufeng Miao; Wanxun Liu; Yuanzhao Hao; Chuanjie Wang; Yu Wu; Yang You

doi:10.1117/12.2674874

23 May 2023 New energy participation day-ahead spot market clearing method based on two-tier architecture

Fufeng Miao, Wanxun Liu, Yuanzhao Hao, Chuanjie Wang, Yu Wu, Yang You

Proceedings Volume 12604, International Conference on Computer Graphics, Artificial Intelligence, and Data Processing (ICCAID 2022); 126042Q (2023) https://doi.org/10.1117/12.2674874
Event: 2nd International Conference on Computer Graphics, Artificial Intelligence, and Data Processing (ICCAID 2022), 2022, Guangzhou, China

Abstract

In order to solve the problem of mechanism design of new energy participating in day-ahead spot market and promote the transaction bidding of new energy participating in spot market to improve its production efficiency, a new energy participating day-ahead spot market clearing method based on two-layer architecture was proposed. The upper structure is a conventional power unit transaction clearing model based on new energy generation prediction, which aims to maximize the consumption of new energy through conventional power unit transaction clearing and evaluate the expected wind and light curtailment power. The lower structure is a new energy transaction clearing model based on expected wind and light power abandonment, which aims to share the expected wind and light power abandonment in a market-based way and promote new energy to improve its production efficiency. Through the orderly connection of two layers of architecture, the generation plan of conventional power units and new energy power stations can be optimized and cleared. Finally, a numerical example is constructed based on the actual data of a provincial power grid to verify the effectiveness of the proposed method. Compared with the traditional clearing method, the proposed clearing method can improve the efficiency of new energy power generation by more than 10%, which is helpful to further improve the efficiency of power grid operation.

Citation Download Citation

Fufeng Miao, Wanxun Liu, Yuanzhao Hao, Chuanjie Wang, Yu Wu, and Yang You "New energy participation day-ahead spot market clearing method based on two-tier architecture", Proc. SPIE 12604, International Conference on Computer Graphics, Artificial Intelligence, and Data Processing (ICCAID 2022), 126042Q (23 May 2023); https://doi.org/10.1117/12.2674874

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KEYWORDS

Solar energy

Power supplies

Mathematical optimization

Power grids

Energy efficiency

Design and modelling

Photovoltaics

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