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Demand Response of Integrated Zero-Carbon Power Plant: Model and Method

Rong Xia, Jun Dai, Xiangjie Cheng, Jiaqing Fan, Jing Ye, Qiangang Jia, Sijie Chen and Qiang Zhang (zhangqiang@speri.com.cn)
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Rong Xia: State Power Investment Corporation Jiangsu Electric Power Co., Ltd., Nanjing 210008, China
Jun Dai: State Power Investment Corporation Jiangsu Electric Power Co., Ltd., Nanjing 210008, China
Xiangjie Cheng: Shanghai Power Equipment Research Institute Co., Ltd., Shanghai 200240, China
Jiaqing Fan: Shanghai Power Equipment Research Institute Co., Ltd., Shanghai 200240, China
Jing Ye: Shanghai Power Equipment Research Institute Co., Ltd., Shanghai 200240, China
Qiangang Jia: School of Electrical and Information Engineering, Zhengzhou University, Zhenzhou 450001, China
Sijie Chen: Key Laboratory of Control of Power Transmission and Conversion of Ministry of Education, Department of Electrical Engineering, Shanghai Jiao Tong University, Shanghai 200240, China
Qiang Zhang: Shanghai Power Equipment Research Institute Co., Ltd., Shanghai 200240, China

Energies, 2024, vol. 17, issue 14, 1-15

Abstract: An integrated zero-carbon power plant aggregates uncontrollable green energy, adjustable load, and storage energy resources into an entity in a grid-friendly manner. Integrated zero-carbon power plants have a strong demand response potential that needs further study. However, existing studies ignore the green value of renewable energy in power plants when participating in demand response programs. This paper proposed a mathematical model to optimize the operation of an integrated zero-carbon power plant considering the green value. A demand response mechanism is proposed for the independent system operator and the integrated zero-carbon power plants. The Stackelberg gaming process among these entities and an algorithm based on dichotomy are studied to find the demand response equilibrium. Case studies verify that the mechanism activates the potential of the integrated zero-carbon power plant to realize the load reduction target.

Keywords: integrated zero-carbon power plant; demand response; Stackelberg game; equilibrium; dichotomy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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