The research of hydro-thermal exchange based on virtual electricity trade

Author

Li, Jun ; Liu, Junyong ; Zhang, Li ; Quan, Heng

Author_Institution

Sch. of Electr. Eng. & Inf., Sichuan Univ., Chengdu, China

Volume

3

fYear

2011

fDate

8-9 Sept. 2011

Firstpage

86

Lastpage

90

Abstract

A market for virtual electricity trade is formed with the basis of hydro-thermal exchange in this paper. Based on the virtual electricity market, each participants formulate their own plan considering the principle of maximizing benefits. This paper sets up an optimal dispatch model for electricity volume exchanged among plants which participate in the virtual electricity trades. The calculation indicates that the discussed model can leverage the current two factors, state energy policies and market mechanism quite well and can be practically used in the initial phase of electricity market reform of our country.

Keywords

hydrothermal power systems; power generation dispatch; power markets; electricity market reform; electricity volume; hydro-thermal exchange; maximizing benefits; optimal dispatch; state energy policies; virtual electricity trade market; Companies; Contracts; Electricity; Electricity supply industry; Power generation; Power supplies; Hydro-thermal exchange; Virtual electricity; Virtual electricity trade market; market mechanism;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering and Automation Conference (PEAM), 2011 IEEE

Conference_Location

Wuhan

Print_ISBN

978-1-4244-9691-4

Type

conf

DOI

10.1109/PEAM.2011.6135021

Filename

6135021