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Equilibrium Models of Electricity Market Considering Electric Vehicles and Renewable Energy Trading Priority
ID：119 View Protection：ATTENDEE Updated Time：2020-10-28 19:21:47 Hits：749 Oral Presentation

Start Time：2020-11-04 09:45（Asia/Shanghai）

Duration：15min

Session：A Power System » A4Session 21 and Session 26

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Abstract
Because of severe uncertainty of renewable energy, how to tackle the deviations between the actual outputs and bid outputs becomes one of the most sensitive issues in day-ahead electricity markets. A joint planning and operation strategy of renewable energy producer and electric vehicles aggregator is capable of reducing the deviations. In this paper, a stochastic Cournot equilibrium model of the electricity market is proposed. Based on the oligopolistic competition theory, a virtual power plant including renewable energy producer and electric vehicles aggregator bids in a cooperative mode to participate in the market competition. Moreover, trading priority of renewable energy is considered to ensure the market fairness. This model is solved by the mixed complementarity method. Results show that renewable energy producer bids more profitable as well as alleviating the outputs deviations.
Keywords
Speaker
Dujiahao Fan
Shandong University

Submission Author
Dujiahao Fan Shandong University
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Important Date

  • Conference Date

    Nov 02

    2020

    to

    Nov 04

    2020

  • Oct 27 2020

    Draft paper submission deadline

  • Nov 03 2020

    Contribution Submission Deadline

  • Nov 04 2020

    Registration deadline

  • Nov 17 2020

    Final Paper Deadline

Sponsored By
IEEE IAS Student Chapter of Huazhong University of Science and Technology (HUST)
Organized By
Huazhong University of Science and Technology
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