Abstract
Combined with the current electricity price structure and market trading rules, this paper analyzes electricity market trading mechanism and business model under coordination of distribution and storage. Electricity market trading mechanism includes direct transactions, Locational Marginal Pricing (LMP) of distribution and storage and distributed iterative clearing mechanism; business model includes the leasing model of shared energy storage. Based on LMP, is designed for ES; a double auction-based mechanism is proposed to study the behavior in an energy sharing market composed of distributed PV producers and consumers, thus summarizing the distributed iterative clearing mechanism. The calculation example gives the nodal electricity price and market clearing under the coordination of distribution and storage and the dynamic capacity leasing model of shared energy storage is analyzed to verify the feasibility and effectiveness of the proposed model.
This paper is supported in part by State Grid Sichuan Economic Research Institute (item No. B7199622H012).
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Acknowledgment
This work was supported in part by the State Grid Sichuan Economic Research Institute (item No. B7199622H012).
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Ye, S. et al. (2023). Electricity Market Trading Mechanism and Business Model Under Coordination of Distribution and Storage. In: Zeng, P., Zhang, XP., Terzija, V., Ding, Y., Luo, Y. (eds) The 37th Annual Conference on Power System and Automation in Chinese Universities (CUS-EPSA). CUS-EPSA 2022. Lecture Notes in Electrical Engineering, vol 1030. Springer, Singapore. https://doi.org/10.1007/978-981-99-1439-5_72
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DOI: https://doi.org/10.1007/978-981-99-1439-5_72
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