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A Comprehensive Economic Benefit Evaluating Method of Grid-connected Wind Power Generation under Demand Response

  • Ya Liu*
  • , Conggan Ma
  • , Zhensheng Wu
  • , Yi Wang
  • *Corresponding author for this work
  • Beijing Jiaotong University
  • State Grid Corporation

Research output: Contribution to journalConference articlepeer-review

Abstract

The phenomenon of abandoning wind power in China is very severe. Promoting the demand side response management vigorously become the key measures in North China. Overall efficiency evaluation of the wind farm connected with grid under demand response is necessary to solve the problem. At the same time National Energy Board of China called for a full launch of the carbon emissions trading in 2017. The carbon-emissions reduction is conducive to both environmental protection and economic benefits increasing. This article analyses six aspects of economic efficiency and low carbon benefits of the impact on the system, including the wind power station construction, operation and maintenance, scheduling cost of demand response, generation benefit, peak-load following benefit and network loss improvement benefit. Taken low carbon trading regulations as the basis, the paper come up with the establishment of a comprehensive economic benefits model in carbon emissions trading mechanism with comprehensive economic benefits of the system. The overall test system is quantified through calculation, which proves the validity of the evaluation method.

Original languageEnglish
Pages (from-to)373-377
Number of pages5
JournalEnergy Procedia
Volume141
DOIs
StatePublished - 2017
Externally publishedYes
Event4th International Conference on Power and Energy Systems Engineering, CPESE 2017 - Berlin, Germany
Duration: 25 Sep 201729 Sep 2017

Keywords

  • carbon emissions trading
  • comprehensive economic benefit
  • demand side response
  • low carbon benefits
  • wind power curtailment

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