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One of the major ways of delivering renewable energy generation from large-scale energy bases in northeast, northwest, and northern China, is to bundle the power from wind-photovoltaic-thermal units and then transmit it by alternating current/direct current (AC/DC) systems. The interactions among wind power units, photovoltaic (PV) power units, and high voltage direct current (HVDC) systems make the stability of the interconnected power system more complicated. In this paper, a framework model of wind-PV-thermal-bundled power transmitted by AC/DC systems is constructed based on the mathematical models of thermal power units, wind power units, PV power units, and HVDC transmission systems. Considering the fluctuations of wind power outputs and PV power outputs, a small-signal stability model of an interconnected power system with wind-PV-thermal-bundled power transmitted by AC/DC systems is established based on an existing stability theorem. The interactions among various forms of energy and their impacts on wind-PV-thermal-bundled power transmitted by AC/DC systems are studied through theoretical analysis and dynamic simulation. A sample interconnected power system is used to demonstrate the proposed method. It is shown by simulation results that the wind-PV-thermal-bundled power transmission distance; the electrical distance among wind power units, PV power units, and thermal power units; the grid-connected capacities of wind, PV, and thermal power units; and the power loading ratios of AC lines over DC lines all have various degrees of impacts on the stability of the interconnected power system. [ABSTRACT FROM AUTHOR]

China has made great achievements in wind power generation. By the end of 2009, the installed capacity of wind power totaled 25.8053 GW, 13.8032 GW of which was added in 2009. Although the industry has developed at an impressive rate, its scale is still comparatively small, not fully matching the country's economic size and great demand for green power. It is widely believed that the wind power market in China can develop at an even faster rate over the next decade. A stable market for wind power investment relies on both the cost of wind power and an effective pricing policy to motivate growth in the wind industry. This paper presents corresponding analysis of the costs of wind power generation and the current pricing policies implemented in China. The composition of wind power costs is elaborated through comparing it with that of conventional power resources. The localization of wind turbine manufacturing, which aims to decrease the wind generation costs and promote the development of the local wind power industry, is introduced. Two current pricing systems applied in China are examined: the price committed by the wind power concession bidding projects and the price authorized by the provincial governments. An inflation-adapted model is proposed to analyze the risk of concession prices. Finally, the paper concludes with discussions on the potential benefits and the future strategies for the development of wind power in China. [ABSTRACT FROM AUTHOR]