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Notice of Retraction: Destructed multilateral matchmaking transaction method for power consumers and power generation corporations

  • Zhao Hui He*
  • , Ji Lai Yu
  • , Fang Lu
  • *Corresponding author for this work
  • Harbin Institute of Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The direct purchase regulations, which have been carried out or will be carried out in China, have some deficiencies. First, they make no contribution to promote the ratios of wind and other new energy sources power production; second, there do not considering time restrains of traded electric energy; third, they lack of the transaction mechanism for different type of units; and so on. Therefore, a new transaction regulation must be promoted to improve the renewable energy ratio, ease the dispatch difficulty at the valley load condition and reduce the commitment times of large thermal power units, so as to benefit all of the transaction companies and the society. Focused on this question, a destructed multilateral matchmaking transaction (DMMT) method has been promoted. In this method, the pre-traded electric energy is destructed from space and time, and then made matching in isomorphic or isomeric patterns. The time-destructed transaction method adopts time-of-use (TOU) mechanism between power generation corporations and power consumers. The space-destructed transaction method is based on the types of power generation corporations and power consumers. Examples show that the method can contribute to the energy conversation and emission reduction and improve the usage of renewable resource.

Original languageEnglish
Title of host publicationPEAM 2011 - Proceedings
Subtitle of host publication2011 IEEE Power Engineering and Automation Conference
PublisherIEEE Computer Society
Pages128-134
Number of pages7
ISBN (Print)9781424496884
DOIs
StatePublished - 2011
Event2011 IEEE Power Engineering and Automation Conference, PEAM 2011 - Wuhan, China
Duration: 8 Sep 20119 Sep 2011

Publication series

NamePEAM 2011 - Proceedings: 2011 IEEE Power Engineering and Automation Conference
Volume1

Conference

Conference2011 IEEE Power Engineering and Automation Conference, PEAM 2011
Country/TerritoryChina
CityWuhan
Period8/09/119/09/11

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • destruct
  • energy-saving and emission-reduction
  • multilateral matchmaking transaction
  • power market
  • wind power

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