A Model for Regional Grid-Agent Power Purchase Business in China Electricity Grid

Yuou Hu, Liang Han, Jing Zhang, Jiawei Yu (), Hao Shi, Naijun Xu, Fubo Cui and Gang Luo
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Yuou Hu: North China Branch of State Grid Co., Ltd
Liang Han: North China Branch of State Grid Co., Ltd
Jing Zhang: North China Branch of State Grid Co., Ltd
Jiawei Yu: Beijing Tsintergy Technology Co., Ltd
Hao Shi: Beijing Tsintergy Technology Co., Ltd
Naijun Xu: North China Branch of State Grid Co., Ltd
Fubo Cui: North China Branch of State Grid Co., Ltd
Gang Luo: Beijing Tsintergy Technology Co., Ltd

A chapter in Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), 2024, pp 987-1002 from Springer

Abstract: Abstract With the rapid development of the social economic, China has launched a new round of electrical marketization reform to facilitate the cross-region transaction of electricity for the purpose of adapting to the requirements of power industry in the new era. In 2021, the government published a rule named《Notice on Further Deepening the Reform of Market-based On-Grid Pricing for Coal-fired Power Generation》, in which the industrial and commercial catalogue electricity price was cancelled, to push all the industrial and commercial users to participate in the market competition. In consequence, the grid-agent power purchase approach rose in response in recent two years, which has been one of the research hotspot in the power industry now. In this paper, a model for regional grid-agent power purchase business is proposed, aiming at solving the regional grid-agent power purchase clearing optimization problem in China, and the case of North China grid would be selected as the target to verify the feasibility and validity of the model proposed.

Keywords: Proxy power purchase; Power grid; Power market (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-256-9_97

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