1. Electricity-Carbon Joint Trading of Virtual Power Plant with Carbon Capture System.
- Author
-
Liu, Dan, Xiao, Fan, Wu, Junzhao, Ji, Xiaotong, Xiong, Ping, Zhang, Mingnian, and Kang, Yiqun
- Subjects
CARBON emissions ,EMISSIONS trading ,ENERGY consumption ,POWER plants ,GAS turbines ,ELECTRICITY pricing ,GAS power plants ,SEMICONDUCTOR manufacturing - Abstract
With the establishment and rapid development of the national carbon emission trading market, new energy system participates in the carbon emission trading market. Analysing the potentiality of virtual power plant trading in carbon emission trading market, this paper designs a two-stage joint trading mechanism for electricity and carbon market with a weekly cycle according to their characteristics, which contain multiple transaction types for both markets. In addition, this paper introduces a carbon capture system (CCS) in gas turbine, which reduces the actual carbon emissions and increases the carbon market income of virtual power plant. Furthermore, it improves the comprehensive and flexible operation capability by adjusting the operation level of CCS, which is conducive to the timely consumption of renewable energy. Aiming at the uncertainty of renewable energy output and electricity price, the paper adopts a multiscenario analysis method to deal with it and establishes a stochastic optimization model to maximize joint earnings. Finally, through example analysis with GAMS, the effectiveness of the scheduling model is verified with simulation results. The overall income of the virtual power plant is improved, and the low carbon power is realized. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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