1. Economic Dispatch Model of Power System with Wind Power Based on Tradable Green Certificate System
- Author
-
Jia Xinchao, Pei-de Liu, Dong Jinfeng, and Yuan Guili
- Subjects
Net profit ,Electric power system ,Mathematical optimization ,Wind power ,Renewable portfolio standard ,business.industry ,Computer science ,Economic dispatch ,business ,Green certificate ,Renewable energy ,Scheduling (computing) - Abstract
In this paper, the tradable green certificate (TGC) system was introduced into the day-ahead scheduling plan of power system with wind power. Based on renewable portfolio standard (RPS), it was assumed that there was TGC trading between the power side and the grid side. Taking the maximum net revenue of both sides as the objective function, an economic dispatch model of power system with wind power was constructed. The model was solved by adaptive immune vaccine algorithm. The results indicate that the proportion of renewable energy quota and TGC price have a certain impact on the production of TGC and bilateral net revenue in the day-ahead scheduling plan.
- Published
- 2019