Abstract

On March 3, 2022, the National Development and Reform Commission of China and the National Energy Administration of China jointly published the Notice on Accelerating the Construction of the Electricity Spot Market. The notice indicated that the government would support the uninterrupted operation of the power spot pilot project with conditions and form a long-term and stable electricity spot market as soon as possible. These steps will help rapidly improve China's electricity spot market construction. Due to its large-scale energy storage capacity, the Concentrated Solar Power (CSP) station can be used as a peak-regulating power station to provide grid-friendly long-term peak regulating capacity and moment of inertia for the power system. When CSP stations participate in electricity spot market trading, they can optimize their operation strategy to generate more electricity during periods with higher electricity prices, thereby obtaining more profits. In this paper, a 100MW CSP Peak-Regulating Station with an 80.0hm2 reflecting area of Heliostats Field (HF) is designed in Gansu, China. In the Peak-Regulating operation strategy, the most suitable TES Capacity for this project is determined to be 15h. We take this CSP station as the research objective to optimize the operation strategy of the power station. The research results indicate that optimizing the operation strategy will increase the power station's annual electricity sales revenue by about 19.97% before the strategy was optimized when the power station participated in the real-time trading of the Gansu electricity spot market in 2022.

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.