Research on centralized trading mechanism of power usage quota considering user energy efficiency

Hengzi Huang; Wen Zhao; Lvbin Ma; Xiangyang Wang; Jingyi Zhu

doi:10.1117/12.2652827

20 October 2022 Research on centralized trading mechanism of power usage quota considering user energy efficiency

Hengzi Huang, Wen Zhao, Lvbin Ma, Xiangyang Wang, Jingyi Zhu

Proceedings Volume 12350, 6th International Workshop on Advanced Algorithms and Control Engineering (IWAACE 2022); 1235007 (2022) https://doi.org/10.1117/12.2652827
Event: 6th International Workshop on Advanced Algorithms and Control Engineering (IWAACE 2022), 2022, Qingdao, China

Abstract

Power usage quota transaction is a process of reallocation of user power usage quota through the market on the basis of orderly electricity utilization. It is an effective power supply mechanism to deal with the extreme power shortage in China’s power market. However, the traditional centralized power usage quota transaction based on user quotation does not consider user energy efficiency and environmental benefits. Therefore, a centralized power usage quota transaction mechanism is proposed in this work considering the energy efficiency priority of users. Firstly, based on the industry energy efficiency target- and benchmark level specified by the government, user energy efficiency priority index is proposed to correct the bid and offer of market players. Then, a market clearing model of power usage quota transaction is constructed based on user corrected quotation, and an optimal bidding model for power usage quota buyer under the proposed mechanism is also proposed. The power usage quota transaction simulation is carried out for users with different energy efficiency. The results show that the proposed centralized trading mechanism can adjust the trading order according to the energy efficiency of users, so as to promote transaction which is more conducive to energy consumption control and environmental benefits.

Citation Download Citation

Hengzi Huang, Wen Zhao, Lvbin Ma, Xiangyang Wang, and Jingyi Zhu "Research on centralized trading mechanism of power usage quota considering user energy efficiency", Proc. SPIE 12350, 6th International Workshop on Advanced Algorithms and Control Engineering (IWAACE 2022), 1235007 (20 October 2022); https://doi.org/10.1117/12.2652827

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