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A Model for Regional Grid-Agent Power Purchase Business in China Electricity Grid

In: Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)

Author

Listed:
  • Yuou Hu

    (North China Branch of State Grid Co., Ltd)

  • Liang Han

    (North China Branch of State Grid Co., Ltd)

  • Jing Zhang

    (North China Branch of State Grid Co., Ltd)

  • Jiawei Yu

    (Beijing Tsintergy Technology Co., Ltd)

  • Hao Shi

    (Beijing Tsintergy Technology Co., Ltd)

  • Naijun Xu

    (North China Branch of State Grid Co., Ltd)

  • Fubo Cui

    (North China Branch of State Grid Co., Ltd)

  • Gang Luo

    (Beijing Tsintergy Technology Co., Ltd)

Abstract

With the rapid development of the social economic, China has launched a new round of electrical marketization reform to facilitate the cross-region transaction of electricity for the purpose of adapting to the requirements of power industry in the new era. In 2021, the government published a rule named《Notice on Further Deepening the Reform of Market-based On-Grid Pricing for Coal-fired Power Generation》, in which the industrial and commercial catalogue electricity price was cancelled, to push all the industrial and commercial users to participate in the market competition. In consequence, the grid-agent power purchase approach rose in response in recent two years, which has been one of the research hotspot in the power industry now. In this paper, a model for regional grid-agent power purchase business is proposed, aiming at solving the regional grid-agent power purchase clearing optimization problem in China, and the case of North China grid would be selected as the target to verify the feasibility and validity of the model proposed.

Suggested Citation

  • Yuou Hu & Liang Han & Jing Zhang & Jiawei Yu & Hao Shi & Naijun Xu & Fubo Cui & Gang Luo, 2024. "A Model for Regional Grid-Agent Power Purchase Business in China Electricity Grid," Advances in Economics, Business and Management Research, in: Suhaiza Hanim Binti Dato Mohamad Zailani & Kosga Yagapparaj & Norhayati Zakuan (ed.), Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), pages 987-1002, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-256-9_97
    DOI: 10.2991/978-94-6463-256-9_97
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