globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2020.111297
论文题名:
Imbalance settlement evaluation for China's balancing market design via an agent-based model with a multiple criteria decision analysis method
作者: Wu Z.; Zhou M.; Zhang T.; Li G.; Zhang Y.; Liu X.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 139
语种: 英语
中文关键词: Agent-based modelling ; Balancing market ; Imbalance settlement design ; Multiple criteria decision analysis
英文关键词: Autonomous agents ; Computational methods ; Decision making ; Decision theory ; Design ; Operations research ; Power markets ; Public policy ; Simulation platform ; Agent-based modelling ; Balancing market ; Contractual agreements ; Electricity market reforms ; Institutional arrangement ; Multiple criteria decision analysis ; Policy implications ; Renewable generation ; Commerce ; decision making ; energy market ; energy policy ; multicriteria analysis ; numerical model ; policy implementation ; China
英文摘要: Constructing spot markets is the core objective of the new round of electricity market reform kicked off in 2015 in China. A balancing market, as a critical part of a spot market, is an institutional arrangement that deals with balancing electricity demand and supply. Imbalance settlement provides a mechanism for settling the inevitable discrepancies between contractual agreements and physical delivery. Large proportions of long-term non-financially contracted electricity and a high share of renewable generation represent specific market situations in China and make balancing market operation and relevant imbalance settlement more difficult. This paper aims to investigate the effect of imbalance settlement design and exploit an effective evaluation method. An investigation model combining the methods of agent-based modelling (ABM) and multiple criteria decision analysis (MCDA) is proposed to search for the optimal design elements for China's imbalance settlement. Different tolerance margins, Programme Time Units (PTUs) and imbalance pricing mechanisms in imbalance settlement design are analysed. The impacts of imbalance settlement on the behaviour of market participants and overall market are revealed. Finally, corresponding policy implications for imbalance settlement in China's balancing market are put forward. The proposed model also offers a tool for evaluating other design elements in a balancing market. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167587
Appears in Collections:气候变化与战略

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作者单位: State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, Changping District, Beijing, 102206, China; Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Changping, Beijing, 102206, China; State Grid Beijing Electric Power Company, Xicheng District, Beijing, 100031, China

Recommended Citation:
Wu Z.,Zhou M.,Zhang T.,et al. Imbalance settlement evaluation for China's balancing market design via an agent-based model with a multiple criteria decision analysis method[J]. Energy Policy,2020-01-01,139
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