Profit-seeking energy-intensive enterprises participating in power system scheduling: Model and mechanism

Runze Chen, Hongbin Sun, Qinglai Guo, Hongyang Jin, Wenchuan Wu and Boming Zhang

Applied Energy, 2015, vol. 158, issue C, 263-274

Abstract: Energy-intensive enterprises (EIEs) are typical kinds of industrial loads. They consume large amounts of electricity, and are very sensitive to electricity prices. Moreover, they have very good schedulability: they own various adjustable devices and dispatchable self-owned generation units, and have great flexibility in making production decisions. The characteristics of EIEs make them potentially ideal for coordinating with power systems and gaining a win–win situation, especially when the renewable energy penetration rate is high. However, problems still remain as to how to organize this coordination. In this paper, we design a decomposed coordinative scheduling (DCS) approach in which independent EIEs and the system exchange information iteratively to achieve final settlements. Based on a general modeling of EIEs, we introduce a mathematical formulation for DCS. The corresponding algorithm is also provided. We compare DCS to other scheduling approaches in case studies. It shows that DCS can significantly improve the benefits of the two sides without harming the privacy of EIEs.

Keywords: Energy-intensive enterprises; Load management; Coordinative scheduling; Unit commitment; Renewable energy (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)

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DOI: 10.1016/j.apenergy.2015.08.018

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