Electricity-Carbon Joint Trading of Virtual Power Plant with Carbon Capture System

Author:

Liu Dan1ORCID,Xiao Fan1ORCID,Wu Junzhao2ORCID,Ji Xiaotong3ORCID,Xiong Ping1ORCID,Zhang Mingnian3ORCID,Kang Yiqun1ORCID

Affiliation:

1. State Grid Hubei Electric Power Research Institute, Wuhan 430077, China

2. College of Energy and Electrical Engineering, Hohai University, Nanjing 211106, China

3. State Grid Hubei Electric Power CO. LTD., Wuhan 430077, China

Abstract

With the establishment and rapid development of the national carbon emission trading market, new energy system participates in the carbon emission trading market. Analysing the potentiality of virtual power plant trading in carbon emission trading market, this paper designs a two-stage joint trading mechanism for electricity and carbon market with a weekly cycle according to their characteristics, which contain multiple transaction types for both markets. In addition, this paper introduces a carbon capture system (CCS) in gas turbine, which reduces the actual carbon emissions and increases the carbon market income of virtual power plant. Furthermore, it improves the comprehensive and flexible operation capability by adjusting the operation level of CCS, which is conducive to the timely consumption of renewable energy. Aiming at the uncertainty of renewable energy output and electricity price, the paper adopts a multiscenario analysis method to deal with it and establishes a stochastic optimization model to maximize joint earnings. Finally, through example analysis with GAMS, the effectiveness of the scheduling model is verified with simulation results. The overall income of the virtual power plant is improved, and the low carbon power is realized.

Funder

State Grid Corporation of China

Publisher

Hindawi Limited

Subject

Electrical and Electronic Engineering,Energy Engineering and Power Technology,Modeling and Simulation

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