Backup capacity coordination with renewable energy certificates in a regional electricity market
Backup capacity coordination with renewable energy certificates in a regional electricity market
复制标题
区域电力市场中备用容量与可再生能源证书的协调
DOI:
10.1080/24725854.2018.1440672
复制
发表时间:
2018
影响因子:
2.6
通讯作者:
Zhao, Chaoyue
中科院分区:
文献类型:
--
作者:
Zhou, Yingjue;Liu, Tieming;Zhao, Chaoyue
This article studies a coordination mechanism between a renewable energy supplier and a conventional supplier in a regional electricity market. The intermittent nature of the renewable supplier results in random power shortages. Though the renewable supplier can buy backup power from a conventional supplier who prepares backup capacity to cover the shortage, there is no commitment that enough backup capacity will be prepared without any incentives to the conventional supplier. We design a coordination mechanism where the renewable supplier offers the conventional supplier Renewable Energy Certificates (RECs) proportional to the backup capacity committed. We prove that this mechanism coordinates the conventional supplier’s decision on backup capacity and can arbitrarily split the system profit between the two suppliers. Our analytical results show that when the shortage cost increases, the backup capacity increases, the REC offering rate increases, the total profit decreases, and the renewable supplier’s profit decreases but the conventional supplier’s profit increases. We also show analytically that the social welfare under this mechanism is higher than in the decentralized case unless the regional environment is extremely sensitive to conventional power’s carbon footprint, and the benefit of buffering power shortage cannot compensate for the damage to the environment.
登录
查看更多内容
DOI:
--
发表时间:
2013
期刊:
影响因子:
--
作者:
Florian Steinke;P. Wolfrum;C. Hoffmann
通讯作者:
C. Hoffmann
影响因子:
4
作者:
B. Sovacool
通讯作者:
B. Sovacool
DOI:
10.2172/988603
发表时间:
2010
期刊:
Scanning microscopy
影响因子:
--
作者:
M. Milligan;B. Kirby;S. Beuning
通讯作者:
S. Beuning
影响因子:
6.6
作者:
D. Chattopadhyay;T. Alpcan
通讯作者:
T. Alpcan
DOI:
10.1061/(asce)ey.1943-7897.0000202
发表时间:
2015
期刊:
Journal of Energy Engineering-asce
影响因子:
--
作者:
Yingjue Zhou;Tieming Liu
通讯作者:
Tieming Liu