Design of flexibility mechanism for electricity market to promote the consumption of new energy

Author:

Fang Yin,Xie Yi,Shi Yichuan

Abstract

Abstract With the development of new energy, it is an irresistible trend for the demand side to consume new energy on a large scale and in a high proportion. At present, China’s installed capacity of new energy is growing rapidly, but the flexibility of the power system is insufficient, new energy consumption is difficult, and a large number of abandoned wind and light phenomena appear. In view of the high proportion of new energy consumption in the current environment, this paper designs the overall framework of the flexibility mechanism of the power market to promote new energy consumption, and puts forward the benefits of various market mechanisms in improving flexibility and promoting new energy consumption. Based on each market mechanism, the contribution index is put forward, the role of each market mechanism is analyzed quantitatively, and the considerable benefit of the market flexibility mechanism in promoting the consumption of new energy is proved by an example.

Publisher

IOP Publishing

Subject

General Engineering

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1. Transaction Analysis of Self-owned Power Plant Participation in Renewable Energy Consumption;2023 2nd Asian Conference on Frontiers of Power and Energy (ACFPE);2023-10-20

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