A multi-objective peak regulation transaction optimization and benefits coordination model for multi-sources coupling system considering flexible load response

Abstract

Based on the intermittent output and inverse peak regulation characteristics of wind power, a multisource peak regulation transaction optimization model that considers the feasibility of combining thermal power, energy storage, and demand response for both power generation and consumption is proposed in this paper. First, a multisource peak regulation transaction cost model is established by considering flexible load participation in peak regulation and price- and incentive-based demand responses. Subsequently, with the objective of minimizing both the peak regulation cost and wind curtailment rate, a reduced half gradient membership function is selected to transform the multiobjective model. Finally, by analyzing the roles of the different subjects in multisource peak regulation transactions, a compensation mechanism based on the Shapley method is designed, and a local power grid in northeast China is chosen as the simulation object. The results show the following: (1) When the thermal power generators (TPGs) transit from regular peak regulation to deep peak regulation, the wind curtailment rate decreases by 5.10%, and the peak regulation cost increases by $ 0.793 × 106. This indicates that the peak regulation cost of the TPGs and the income of the on-grid wind power need to be balanced. (2) When the energy storage and the demand response are combined for peak regulation, both the peak load regulation cost and wind curtailment rate reach the optimal values, decreasing by $ 0.642 × 106 and 5.72%, respectively, showing cooperative optimization. However, the TPGs require a higher regulation cost, whereas the other subjects achieve incremental benefits. (3) The compensation mechanism assists each subject in obtaining incremental benefits depending on the contribution rate. With the strengthening of the peak regulation of the TPGs, more energy storage and demand response output are introduced to meet the urgent peak regulation requirement, which leads to increased regulation revenue and optimal dispatching. In summary, the proposed transaction and compensation mechanism of multisource peak regulation can be used to balance the peak regulation ability and contributions of different subjects and establish the optimal peak regulation scheme.