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Inter-provincial demand-side resource trade mechanism for enhancing new energy consumption

Author

Listed:
  • Zhifeng Liang
  • Weixi Ji
  • Jie Yu
  • Li Chang
  • Lili Li

Abstract

With the acceleration of the construction of the new power system, the proportion of new energy continues to increase, and the randomness and volatility of the system will be further aggravated. It may appear in a certain period due to the large amount of new energy and the situation that the region cannot be consumed, which is necessary to carry out trans-regional or trans-provincial surplus new energy trading to ensure the consumption of new energy and realise the mutual benefit of resource surplus and shortage. Because of this, based on the existing trading mechanism, this paper proposes a framework, design principle, and market positioning which is the interprovincial demand-side resource mutual trading market with the participation of demand-side resources and the consideration of electricity energy as the trading variety - and constructing the mechanism of the mutual trading market based on this. Then, the trading strategies of both buyers and sellers are studied. Finally, the validity of the proposed market mechanism and model is verified by an example analysis.

Suggested Citation

  • Zhifeng Liang & Weixi Ji & Jie Yu & Li Chang & Lili Li, 2024. "Inter-provincial demand-side resource trade mechanism for enhancing new energy consumption," International Journal of Data Science, Inderscience Enterprises Ltd, vol. 9(3/4), pages 276-296.
    • Handle: RePEc:ids:ijdsci:v:9:y:2024:i:3/4:p:276-296
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