Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27–29, 2023, Tianjin, China

Research Article

Design of User-side Settlement System based on High-proportion New Energy Electricity Spot Market

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  • @INPROCEEDINGS{10.4108/eai.27-10-2023.2341999,
        author={Li  Zhou and Qianwen  Han and Tianyu  Zhang and Yuguo  Chen and Zhuoliang  Yu},
        title={Design of User-side Settlement System based on High-proportion New Energy Electricity Spot Market},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27--29, 2023, Tianjin, China},
        publisher={EAI},
        proceedings_a={ICEMBDA},
        year={2024},
        month={1},
        keywords={high proportion of new energy;spot market;bilateral market;user-side settlement},
        doi={10.4108/eai.27-10-2023.2341999}
    }
    
  • Li Zhou
    Qianwen Han
    Tianyu Zhang
    Yuguo Chen
    Zhuoliang Yu
    Year: 2024
    Design of User-side Settlement System based on High-proportion New Energy Electricity Spot Market
    ICEMBDA
    EAI
    DOI: 10.4108/eai.27-10-2023.2341999
Li Zhou1, Qianwen Han1, Tianyu Zhang2, Yuguo Chen2, Zhuoliang Yu1,*
  • 1: State Grid Gansu Electric Power Company
  • 2: Beijing Tsintergy Technology Co., Ltd
*Contact email: yu.zuoliang@sgcc.com.cn

Abstract

As the goal of “Carbon Emissions Peak and Carbon Neutrality” becomes a national strategy, new energy will gradually become the main power supply in the power system. Since Dec. 2018, the electricity spot market has completed several trial operations which work well. Based on the analysis of the problems exposed in the first phase operation of the unilateral market, the paper introduces the reasons for the user side to participate in the spot market and designs a users’ settlement system. Finally, the data of May 2021 is used to analyze the behavior of user side participation in the market, and compare the market performance before and after users participate in the market. The results show that after users participate in the spot market, users can promote the consumption of new energy, thereby helping to implement the goal of “Carbon Emissions Peak and Carbon Neutrality ”.