Pre-transaction verification method for adapting to the continuous operation of power medium- and long-term market

Jiang Jing; Hua Li; ZhiWei Xie; YiWe Xue; QiaoJian Ye; Luo Qi

doi:10.1117/12.3000047

23 August 2023 Pre-transaction verification method for adapting to the continuous operation of power medium- and long-term market

Jiang Jing, Hua Li, ZhiWei Xie, YiWe Xue, QiaoJian Ye, Luo Qi

Author Affiliations +

Proceedings Volume 12784, Second International Conference on Applied Statistics, Computational Mathematics, and Software Engineering (ASCMSE 2023); 127842C (2023) https://doi.org/10.1117/12.3000047
Event: 2023 2nd International Conference on Applied Statistics, Computational Mathematics and Software Engineering (ASCMSE 2023), 2023, Kaifeng, China

Abstract

Currently, in the mid- to long-term electricity trading market in China, trading is conducted on a daily basis within the month. Given the relatively independent nature of the China Electricity Trading Center and the electricity dispatching agency, it is difficult to perform daily safety checks and achieve effective institutional cooperation. This paper analyzes the impact of mid- to long-term physical contracts on the dispatching feasible domain and proposes a model based on a safe-constrained unit combination. With the objective of maximizing the tradable electricity, the proposed method considers various constraints, including system balance, network, unit operation, and electricity consumption during specific time periods. By calculating the tradable electricity limits, the proposed method establishes the market boundary prior to the monthly trading, thereby improving the feasibility of the results.

Citation Download Citation

Jiang Jing, Hua Li, ZhiWei Xie, YiWe Xue, QiaoJian Ye, and Luo Qi "Pre-transaction verification method for adapting to the continuous operation of power medium- and long-term market", Proc. SPIE 12784, Second International Conference on Applied Statistics, Computational Mathematics, and Software Engineering (ASCMSE 2023), 127842C (23 August 2023); https://doi.org/10.1117/12.3000047

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