Abstract
Power generation business models relate to the sustainable development of generation companies. This paper proposes an improved united lease management model for pumped storage power stations. Grid company, power generation companies (thermal power plants and nuclear power plants), and the government department jointly bear the rental fee. The amount of lease fees is determined according to the benefit of each renter. This paper conducted a case study of Huizhou Pumped Storage Power Station. The united power system simulation and auxiliary services compensation were applied to calculate the generation benefit, environmental benefit and dynamic benefit. The results suggest that the total incomes of Huizhou Pumped Storage Power Station are increased and the rental fee is fair and reasonable, indicating the rationality and effectiveness of this new management model.
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