Weekly bidding strategy and selling price determination for a energy internet zone

Energy internet zones, which supply and manage multiple energy kinds to customers simultaneously, attract more and more attentions for its high energy efficiency. This paper discussed the optimal weekly bidding strategy for a energy internet zone in midterm timescale. The optimal amount of bilateral...

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Autores principales: Yangyang Liu, Jiangxin Zhou, Renjie Dai, Qian Lou, Feng Yu
Formato: article
Lenguaje:EN
Publicado: Elsevier 2021
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Acceso en línea:https://doaj.org/article/a296414ee7564693ac223e6fc4bda6ac
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spelling oai:doaj.org-article:a296414ee7564693ac223e6fc4bda6ac2021-11-26T04:33:33ZWeekly bidding strategy and selling price determination for a energy internet zone2352-484710.1016/j.egyr.2021.08.053https://doaj.org/article/a296414ee7564693ac223e6fc4bda6ac2021-11-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2352484721006557https://doaj.org/toc/2352-4847Energy internet zones, which supply and manage multiple energy kinds to customers simultaneously, attract more and more attentions for its high energy efficiency. This paper discussed the optimal weekly bidding strategy for a energy internet zone in midterm timescale. The optimal amount of bilateral contract and selling prices of multiple energy kinds can be obtained for expected profit maximization. Stochastic optimization is adopted to manage the uncertainties of electricity market prices and load demands. A energy internet zone in shanghai, China is adopted to illustrate the proposed model. The result shows that the energy internet zones prefer to supply the base load by signing bilateral contracts. The signed contracts increase with the decrease of contract prices and local photovoltaic system’s installed capacity.Yangyang LiuJiangxin ZhouRenjie DaiQian LouFeng YuElsevierarticleEnergy internet zoneBilateral contractBidding strategyPool marketSelling priceElectrical engineering. Electronics. Nuclear engineeringTK1-9971ENEnergy Reports, Vol 7, Iss , Pp 218-223 (2021)
institution DOAJ
collection DOAJ
language EN
topic Energy internet zone
Bilateral contract
Bidding strategy
Pool market
Selling price
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
spellingShingle Energy internet zone
Bilateral contract
Bidding strategy
Pool market
Selling price
Electrical engineering. Electronics. Nuclear engineering
TK1-9971
Yangyang Liu
Jiangxin Zhou
Renjie Dai
Qian Lou
Feng Yu
Weekly bidding strategy and selling price determination for a energy internet zone
description Energy internet zones, which supply and manage multiple energy kinds to customers simultaneously, attract more and more attentions for its high energy efficiency. This paper discussed the optimal weekly bidding strategy for a energy internet zone in midterm timescale. The optimal amount of bilateral contract and selling prices of multiple energy kinds can be obtained for expected profit maximization. Stochastic optimization is adopted to manage the uncertainties of electricity market prices and load demands. A energy internet zone in shanghai, China is adopted to illustrate the proposed model. The result shows that the energy internet zones prefer to supply the base load by signing bilateral contracts. The signed contracts increase with the decrease of contract prices and local photovoltaic system’s installed capacity.
format article
author Yangyang Liu
Jiangxin Zhou
Renjie Dai
Qian Lou
Feng Yu
author_facet Yangyang Liu
Jiangxin Zhou
Renjie Dai
Qian Lou
Feng Yu
author_sort Yangyang Liu
title Weekly bidding strategy and selling price determination for a energy internet zone
title_short Weekly bidding strategy and selling price determination for a energy internet zone
title_full Weekly bidding strategy and selling price determination for a energy internet zone
title_fullStr Weekly bidding strategy and selling price determination for a energy internet zone
title_full_unstemmed Weekly bidding strategy and selling price determination for a energy internet zone
title_sort weekly bidding strategy and selling price determination for a energy internet zone
publisher Elsevier
publishDate 2021
url https://doaj.org/article/a296414ee7564693ac223e6fc4bda6ac
work_keys_str_mv AT yangyangliu weeklybiddingstrategyandsellingpricedeterminationforaenergyinternetzone
AT jiangxinzhou weeklybiddingstrategyandsellingpricedeterminationforaenergyinternetzone
AT renjiedai weeklybiddingstrategyandsellingpricedeterminationforaenergyinternetzone
AT qianlou weeklybiddingstrategyandsellingpricedeterminationforaenergyinternetzone
AT fengyu weeklybiddingstrategyandsellingpricedeterminationforaenergyinternetzone
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