Abstract
The introduction of the renewable energy quota system has an impact on the benefits of all market players in the electricity market. This paper aimed at the decision making of load aggregators’ electricity purchase under the assessment of renewable energy quota. Firstly, the market subject, assessment method and strategy of renewable energy quota system were analyzed effectively. Then the scenario of electricity purchasing faced by load aggregators was described and the optimal decision-making model of electricity purchasing by load aggregators considering renewable energy quota was proposed. At last, the model proposed in this paper was verified by relevant examples, and the results show that the optimal purchasing strategy of load aggregator proposed in this paper had obvious economy.
Highlights
A load aggregator is a business organization that serves users to participate in the electricity market
Aiming at the analysis of the impact of renewable energy power consumption responsibility weights on the electricity market trading system, the literature[2,3,4] introduced a design mechanism for green certificate trading and renewable energy quota system from the perspective of the macro electricity market mechanism and system
This paper studies the monthly power purchase strategy of load aggregators considering the weight of renewable energy consumption responsibility
Summary
A load aggregator is a business organization that serves users to participate in the electricity market. Aiming at the analysis of the impact of the renewable energy quota system on the main trading entities in the electricity market, Reference [5-7] studied how electricity sales companies allocate power purchases in multiple markets such as forward, spot, and options, and complete assessment requirements. This paper studies the monthly power purchase strategy of load aggregators considering the weight of renewable energy consumption responsibility. In China's renewable energy assessment mechanism provide two remedies for some market entities that have not completed the corresponding quota indicators:. (1) Organize annual quota transactions, and market entities that have not completed quota indicators purchase corresponding quotas from market entities that have over-performed quota tasks; (2) Organize annual green permit transactions After this transaction, you can purchase Certificate method to make up for the remaining quota. This paper studies the purchase of renewable energy to complete the renewable energy consumption obligation weight
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