Balancing low-carbon power dispatching strategy for wind power integrated system

Jingliang Jin, Peng Zhou, Mingming Zhang, Xianyu Yu and Hao Din

Energy, 2018, vol. 149, issue C, 914-924

Abstract: With the introduction of carbon trading in wind power integrated system, decision-makers may face more contradictions, such as economy and environment, objectivity and subjectivity, certainty and uncertainty. In order to balance these contradictions, this paper presents an economic emission dispatch model focusing on carbon price and wind power uncertainty simultaneously. Specifically factors for eliminating adverse effects of wind power uncertainty in both economic and environmental respects are particularly considered, decision-makers’ subjective investment attitudes towards wind power development could be quantitatively depicted according to carbon price. The simulation results eventually demonstrate that increasing the penalty coefficient core reflects decision-makers’ more radical investment attitudes, while improving the reserve coefficient core embodies more conservative investment attitudes; increasing carbon price will generally encourage decision-makers to explore more wind power, and to restrict thermal power; the more radical attitudes decision-makers hold, scheduling outputs the more sensitive with carbon price, and the faster wind power advance. Taking into full account carbon price and wind power uncertainty, the proposed model is beneficial to exploring a more balanced low-carbon power dispatching strategy for wind power integrated system.

Keywords: Carbon price; Wind power uncertainty; Investment attitude; Power dispatching (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544218303311
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:149:y:2018:i:c:p:914-924

DOI: 10.1016/j.energy.2018.02.103

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().