Research Article
Design of User-side Settlement System based on High-proportion New Energy Electricity Spot Market
@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
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 ”.