Article: Inter-provincial demand-side resource trade mechanism for enhancing new energy consumption Journal: International Journal of Data Science (IJDS) 2024 Vol.9 No.3/4 pp.276 - 296 Abstract: With the acceleration of the construction of the new power system, the proportion of new energy continues to increase, and the randomness and volatility of the system will be further aggravated. It may appear in a certain period due to the large amount of new energy and the situation that the region cannot be consumed, which is necessary to carry out trans-regional or trans-provincial surplus new energy trading to ensure the consumption of new energy and realise the mutual benefit of resource surplus and shortage. Because of this, based on the existing trading mechanism, this paper proposes a framework, design principle, and market positioning which is the interprovincial demand-side resource mutual trading market with the participation of demand-side resources and the consideration of electricity energy as the trading variety - and constructing the mechanism of the mutual trading market based on this. Then, the trading strategies of both buyers and sellers are studied. Finally, the validity of the proposed market mechanism and model is verified by an example analysis. Inderscience Publishers - linking academia, business and industry through research

Title: Inter-provincial demand-side resource trade mechanism for enhancing new energy consumption

Authors: Zhifeng Liang; Weixi Ji; Jie Yu; Li Chang; Lili Li

Addresses: Department of Electrical Engineering and Applied Electronics, Tsinghua University, Beijing, 100084, China ' School of Electrical Engineering, Southeast University, Nanjing, 210096, China ' School of Electrical Engineering, Southeast University, Nanjing, 210096, China ' NARI Technology Development Co. Ltd., Nanjing, 210061, China ' NARI Technology Development Co. Ltd., Nanjing, 210061, China

Abstract: With the acceleration of the construction of the new power system, the proportion of new energy continues to increase, and the randomness and volatility of the system will be further aggravated. It may appear in a certain period due to the large amount of new energy and the situation that the region cannot be consumed, which is necessary to carry out trans-regional or trans-provincial surplus new energy trading to ensure the consumption of new energy and realise the mutual benefit of resource surplus and shortage. Because of this, based on the existing trading mechanism, this paper proposes a framework, design principle, and market positioning which is the interprovincial demand-side resource mutual trading market with the participation of demand-side resources and the consideration of electricity energy as the trading variety - and constructing the mechanism of the mutual trading market based on this. Then, the trading strategies of both buyers and sellers are studied. Finally, the validity of the proposed market mechanism and model is verified by an example analysis.

Keywords: demand-side resources; virtual power plant; new energy; inter-provincial transaction; auction theory; mutual aid transactions.

DOI: 10.1504/IJDS.2024.142821

International Journal of Data Science, 2024 Vol.9 No.3/4, pp.276 - 296

Received: 15 Jul 2024
Accepted: 21 Aug 2024
Published online: 23 Nov 2024 *

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Title: Inter-provincial demand-side resource trade mechanism for enhancing new energy consumption

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