Abstract

The problem of heat and electricity pricing in combined-heat-and-power (CHP) systems regarding electricity’s and heat’s time scales, as well as thermal energy quality is studied. Based on the asynchronous coordinated dispatch of CHP system, an energy-grade double pricing mechanism is proposed. Under the pricing mechanism, resulting merchandise surplus of heat system operator (HSO) at each heat dispatch interval can be decomposed into interpretable parts and its revenue adequacy can be guaranteed over all heat dispatch intervals. And the electric power system operator (ESO)’s resulting merchandise surplus is composed of non-negative components at each electricity dispatch interval, also ensuring its revenue adequacy. In addition, the effects of different time scales and co-generation are analyzed in different kinds of CHP units’ pricing.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.