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Auxiliary Service Dynamic Compensation Mechanism Design for Incentivizing Market Participants to Provide Flexibility in China
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作者 Yibo Wang Yifan Wang +3 位作者 Chuang Liu Yuan Fang Guowei Cai Weichun Ge 《Protection and Control of Modern Power Systems》 SCIE EI 2024年第5期112-128,共17页
Because of the rapid growth of new energy and the accompanying considerable uncertainty in the power market,the demand for flexibility in a power sys-tem has risen sharply.In the meantime,the market structure of auxil... Because of the rapid growth of new energy and the accompanying considerable uncertainty in the power market,the demand for flexibility in a power sys-tem has risen sharply.In the meantime,the market structure of auxiliary services has changed,resulting in market participants(MPs)benefiting less than expected from providing flexible services.To encourage MPs to provide flexibility,this study proposes a dynamic design framework for an auxiliary service compensation mech-anism.To evaluate the proposed framework,a case study is conducted,examining a peak-shaving service in Liao-ning province in northeast China.First,the operational status and limitations of the typical product,the peak-shaving service,in China’s flexibility auxiliary ser-vices market are analyzed.Then,taking into consideration the time value of the flexible products provided by the MPs,a dynamic mechanism for hierarchical compensation of flexibility auxiliary service costs is proposed,and a mathematical model aimed at optimizing the MPs’comprehensive income is constructed.The results show that,compared with the existing traditional mechanism,the proposed method can effectively guarantee fair remu-neration for the flexibility provider,while easing the tense supply-demand relationship in the flexibility market. 展开更多
关键词 Power system flexibility auxiliary services market peak shaving auxiliary service differentiated operation scenario dynamic hierarchical compensation mechanism
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