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Electricity-Carbon Joint Trading of Virtual Power Plant with Carbon Capture System.

Authors :
Liu, Dan
Xiao, Fan
Wu, Junzhao
Ji, Xiaotong
Xiong, Ping
Zhang, Mingnian
Kang, Yiqun
Source :
International Transactions on Electrical Energy Systems. 4/19/2023, Vol. 2023, p1-13. 13p.
Publication Year :
2023

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]

Details

Language :
English
ISSN :
20507038
Volume :
2023
Database :
Academic Search Index
Journal :
International Transactions on Electrical Energy Systems
Publication Type :
Academic Journal
Accession number :
163309740
Full Text :
https://doi.org/10.1155/2023/6864403