Analysis and discussion on trading mechanism of adjustable resource market on load side

Lutao Zhang; Songsong Chen; Ying Zhou; Haijing Zhang; Yan Li

doi:10.1117/12.2660366

16 December 2022 Analysis and discussion on trading mechanism of adjustable resource market on load side

Lutao Zhang, Songsong Chen, Ying Zhou, Haijing Zhang, Yan Li

Proceedings Volume 12500, Fifth International Conference on Mechatronics and Computer Technology Engineering (MCTE 2022); 1250031 (2022) https://doi.org/10.1117/12.2660366
Event: 5th International Conference on Mechatronics and Computer Technology Engineering (MCTE 2022), 2022, Chongqing, China

Abstract

The construction of new power system puts forward a huge demand for the flexible resources of power grid dispatching. Due to the scarcity of flexibility regulation resources in China, the utilization of load-side resources is an effective way to solve this problem, and the corresponding market mechanism is an important guarantee. Frist, the development and practical experience of foreign demand response are systematically analyzed. Then, this paper focuses on the current situation of domestic load side adjustable resources participating in three development paths, including demand response, power auxiliary service market and electricity spot market. By combing the relevant policies, transaction rules and implementation in different provinces, the characteristics of their implementation background, transaction implementation and capital dredging are compared. Furthermore, the key problems and suggestions of load side market design in the future are put forward, to provide reference for provinces which are exploring to develop the load side adjustable resources of participate in market.

Citation Download Citation

Lutao Zhang, Songsong Chen, Ying Zhou, Haijing Zhang, and Yan Li "Analysis and discussion on trading mechanism of adjustable resource market on load side", Proc. SPIE 12500, Fifth International Conference on Mechatronics and Computer Technology Engineering (MCTE 2022), 1250031 (16 December 2022); https://doi.org/10.1117/12.2660366

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