CO2 emissions trading is the main scheme for mitigating greenhouse gas(GHG) emissions and has been or is going to be implemented in some developed countries or regions. Given this background, the CO2emission price in an emissions trading market is evaluated using an optimization approach similar to the well-developed stochastic production simulation method. Then assuming that the probability distribution functions of rivals' biddings are known, a stochastic optimization model is presented within the framework of a chance-constrained programming approach. It can be used to build risk-constrained optimal bidding strategies for a generation company. The corresponding solution method is also developed for this optimization model. Finally, a numerical example is given to demonstrate the feasibility of the developed model and solution method. The optimal bidding results are compared for two situations with and without the CO2 emissions trading schemes.
Day-ahead Market Clearing Model Compatible with Medium- and Long-term Physical Contracts
基于优化理论市场化的日前电力市场机制设计
基于机会约束规划的风电商日前市场竞标策略
排放权和可再生能源发展对电力市场的影响
含风电场电力系统旋转备用获取模型
Related Author
Lizi ZHANG
Chuanlong XU
Yuankang HE
Ruifeng LIU
Tianen CHEN
SHU Chang
ZHANG Haifeng
WU Jiang
Related Institution
School of Electrical and Electronic Engineering, North China Electric Power University
Northwest Branch of State Grid Corporation of China
Department of Electrical Engineering, Tsinghua University
State Key Laboratory for Manufacturing Systems Engineering, Ministry of Education Key Lab for Intelligent Networks and Network Security, Xian Jiaotong University, Xian