A new approach to maintenance scheduling of generating units(MSU)in competitive electricity markets was presented,which was formulated as a noncooperative game with complete information.The payoff of each generating c...A new approach to maintenance scheduling of generating units(MSU)in competitive electricity markets was presented,which was formulated as a noncooperative game with complete information.The payoff of each generating company(Genco)was defined as the profit from the energy auction market minus maintenance cost and risk loss.The compensation fee of interruptible load was a part of the maintenance cost when the permitted maintenance capacity in the system was insufficient.Hourly energy auction was incorporated in the computation of both revenues from energy market and risk loss of maintenance strategy as a nested game.A new heuristic search algorithm for the calculation of the game equilibrium of MSU was presented,which coordinates the solutions of non-equilibrium,unique equilibrium and multiple equilibria.Numerical results for a two-Genco system and a realistic system were used to demonstrate the basic ideas and the applicability of the proposed method,as well as its computational efficiency.展开更多
Recently, the distributed generator (DG) has been successfully studied and applied in distribution system at many countries around the world. Many planning models of the DG integrated distribution system have been pro...Recently, the distributed generator (DG) has been successfully studied and applied in distribution system at many countries around the world. Many planning models of the DG integrated distribution system have been proposed. These models can choose the optimization locations, capacities and technologies of DG with the objective function minimizing power loss, investment costs or total life cycle costs of the investment project. However, capacity of DG that uses renewable energy resources is natural variability according to primary energy. This study proposed a planning model of optimized distribution system that integrates DG in the competitive electricity market. Model can determine equipment sizing and timeframe requiring for upgrading equipment of distribution system as well as select DG technologies with power variable constraints of DG. The objective function is minimizing total life cycle cost of the investment project. The proposed model is calculated and tested for a 48-bus radial distribution system in the GAMS programming language.展开更多
This article continues to study the research suggestions in depth made by M.Z.Nashed and G.F.Votruba in the journal"Bull.Amer.Math.Soc."in 1974.Concerned with the pricing of non-reachable"contingent cla...This article continues to study the research suggestions in depth made by M.Z.Nashed and G.F.Votruba in the journal"Bull.Amer.Math.Soc."in 1974.Concerned with the pricing of non-reachable"contingent claims"in an incomplete financial market,when constructing a specific bounded linear operator A:l_(1)^(n)→l_(2) from a non-reflexive Banach space l_(1)^(n) to a Hilbert space l_(2),the problem of non-reachable"contingent claims"pricing is reduced to researching the(single-valued)selection of the(set-valued)metric generalized inverse A■ of the operator A.In this paper,by using the Banach space structure theory and the generalized inverse method of operators,we obtain a bounded linear single-valued selection A^(σ)=A+of A■.展开更多
With the deepening of China’s power market, bilateral transactions will continue to grow in large scale. The release of bilateral transactions locked more regulatory resources of the power grid, will directly affect ...With the deepening of China’s power market, bilateral transactions will continue to grow in large scale. The release of bilateral transactions locked more regulatory resources of the power grid, will directly affect the operation mode of the unit and the implementation of planned electricity. In the paper, considering the large-scale bilateral trade effect on the peak regulation of power grid, energy saving and emission reduction, power system security and other factors, and then putting forward the method of long term generation planning and annual planning model to adapt to the safe operation of power grid in China. In the model, the target is minimizing the monthly load rate deviation and the annual electric quantity deviation rate, the latter includes the capacity factor. In addition, the constraints include the monthly quantity of electricity, adjustable utilization rate deviation, load rate, reserve and key sections, etc. Through an example to verify the correctness of the model, the planning and power transaction results can satisfy the peak regulation of load, energy saving and emission reduction and safety operation of the power grid requirements.展开更多
High-cost generator units are at a cost disadvantage in electricity spot markets.This study focuses on revenue mechanisms of gas-fired units affected by power market reform in Guangdong province,China.For the first ti...High-cost generator units are at a cost disadvantage in electricity spot markets.This study focuses on revenue mechanisms of gas-fired units affected by power market reform in Guangdong province,China.For the first time,we compare impacts on market indicators of five settlement mechanisms:feed-in tariff(FiT),location marginal price(LMP),contract for difference(CFD),direct subsidy(DS),and estimated revenue method(ERM).In particular,we design key parameters,including authorized CFD and ERM of two kinds of government authorized contracts based on traditional dispatching patterns to avoid significant profit fluctuations brought by market reforms.We also analyze impact of factors such as climbing performance,seasonal load,and subsidy amount on the overall market and its players.Results of a case study show to directly subsidize gasfired units will lead higher-cost units to generate more electricity,with a resulting loss of social welfare.Disruption of market prices and provision of unreasonable incentives are fatal disadvantages of this subsidy method.The government and policymakers should consider financial means to adjust benefits to reduce production costs and increase social welfare.Also,by case analysis,the ERM shows its stable performance in revenue of high-cost units,while we find that authorized CFD is not applicable for gas-fired units whose output is unstable as a marginal unit frequently.Therefore,we suggest government agencies adopt ERM to sign contracts with gas-fired units,to attain a balance between fairness and efficiency.展开更多
基金The National High Technology Research and Development Program of China(863Program)(No.2005AA505101-621)Important Science and Technology Research Project of Shanghai(No.041612012)
文摘A new approach to maintenance scheduling of generating units(MSU)in competitive electricity markets was presented,which was formulated as a noncooperative game with complete information.The payoff of each generating company(Genco)was defined as the profit from the energy auction market minus maintenance cost and risk loss.The compensation fee of interruptible load was a part of the maintenance cost when the permitted maintenance capacity in the system was insufficient.Hourly energy auction was incorporated in the computation of both revenues from energy market and risk loss of maintenance strategy as a nested game.A new heuristic search algorithm for the calculation of the game equilibrium of MSU was presented,which coordinates the solutions of non-equilibrium,unique equilibrium and multiple equilibria.Numerical results for a two-Genco system and a realistic system were used to demonstrate the basic ideas and the applicability of the proposed method,as well as its computational efficiency.
文摘Recently, the distributed generator (DG) has been successfully studied and applied in distribution system at many countries around the world. Many planning models of the DG integrated distribution system have been proposed. These models can choose the optimization locations, capacities and technologies of DG with the objective function minimizing power loss, investment costs or total life cycle costs of the investment project. However, capacity of DG that uses renewable energy resources is natural variability according to primary energy. This study proposed a planning model of optimized distribution system that integrates DG in the competitive electricity market. Model can determine equipment sizing and timeframe requiring for upgrading equipment of distribution system as well as select DG technologies with power variable constraints of DG. The objective function is minimizing total life cycle cost of the investment project. The proposed model is calculated and tested for a 48-bus radial distribution system in the GAMS programming language.
基金supported by the National Science Foundation (12001142)Harbin Normal University doctoral initiation Fund (XKB201812)supported by the Science Foundation Grant of Heilongjiang Province (LH2019A017)
文摘This article continues to study the research suggestions in depth made by M.Z.Nashed and G.F.Votruba in the journal"Bull.Amer.Math.Soc."in 1974.Concerned with the pricing of non-reachable"contingent claims"in an incomplete financial market,when constructing a specific bounded linear operator A:l_(1)^(n)→l_(2) from a non-reflexive Banach space l_(1)^(n) to a Hilbert space l_(2),the problem of non-reachable"contingent claims"pricing is reduced to researching the(single-valued)selection of the(set-valued)metric generalized inverse A■ of the operator A.In this paper,by using the Banach space structure theory and the generalized inverse method of operators,we obtain a bounded linear single-valued selection A^(σ)=A+of A■.
文摘With the deepening of China’s power market, bilateral transactions will continue to grow in large scale. The release of bilateral transactions locked more regulatory resources of the power grid, will directly affect the operation mode of the unit and the implementation of planned electricity. In the paper, considering the large-scale bilateral trade effect on the peak regulation of power grid, energy saving and emission reduction, power system security and other factors, and then putting forward the method of long term generation planning and annual planning model to adapt to the safe operation of power grid in China. In the model, the target is minimizing the monthly load rate deviation and the annual electric quantity deviation rate, the latter includes the capacity factor. In addition, the constraints include the monthly quantity of electricity, adjustable utilization rate deviation, load rate, reserve and key sections, etc. Through an example to verify the correctness of the model, the planning and power transaction results can satisfy the peak regulation of load, energy saving and emission reduction and safety operation of the power grid requirements.
文摘High-cost generator units are at a cost disadvantage in electricity spot markets.This study focuses on revenue mechanisms of gas-fired units affected by power market reform in Guangdong province,China.For the first time,we compare impacts on market indicators of five settlement mechanisms:feed-in tariff(FiT),location marginal price(LMP),contract for difference(CFD),direct subsidy(DS),and estimated revenue method(ERM).In particular,we design key parameters,including authorized CFD and ERM of two kinds of government authorized contracts based on traditional dispatching patterns to avoid significant profit fluctuations brought by market reforms.We also analyze impact of factors such as climbing performance,seasonal load,and subsidy amount on the overall market and its players.Results of a case study show to directly subsidize gasfired units will lead higher-cost units to generate more electricity,with a resulting loss of social welfare.Disruption of market prices and provision of unreasonable incentives are fatal disadvantages of this subsidy method.The government and policymakers should consider financial means to adjust benefits to reduce production costs and increase social welfare.Also,by case analysis,the ERM shows its stable performance in revenue of high-cost units,while we find that authorized CFD is not applicable for gas-fired units whose output is unstable as a marginal unit frequently.Therefore,we suggest government agencies adopt ERM to sign contracts with gas-fired units,to attain a balance between fairness and efficiency.
