Study on the problem of wind power curtailment in Beijing-Tianjin-Hebei based on risk-return

Abstract

ABSTRACT The problem of wind curtailment is serious in China. It not only restricts the development of renewable energy, but also brings economic losses to the enterprises and the society. Unfortunately, the problem of wind power curtailment is difficult to eliminate under existing facilities and technical conditions. Therefore, it is a practicable way to control the wind power curtailment rate as far as possible on the premise of guaranteeing the profit of the power generation enterprise and meeting the demand for electricity users. In the context of the coordinated development of the Beijing-Tianjin-Hebei region, this article presents a deep analysis of other energy generation, power grid planning, social benefits, electricity prices, and other factors associated with the wind power generation, then we constructed a complete “cost of wind curtailment” model. Finally, an uncertainty analysis is added to show the impact of some uncertainties on the model, which makes the model more complete, and after calculating the cost and benefit of “reducing the rate of wind curtailment,” some pertinent suggestions are given, which will provide policy basis for the development of renewable energy.