Power trading model of PV-ESS considering reserve market bidding mechanism

Rong Zhao; Qing Li

doi:10.1117/12.3025053

13 May 2024 Power trading model of PV-ESS considering reserve market bidding mechanism

Rong Zhao, Qing Li

Proceedings Volume 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023); 131597D (2024) https://doi.org/10.1117/12.3025053
Event: Eighth International Conference on Energy System, Electricity and Power (ESEP 2023), 2023, Wuhan, China

Abstract

Aiming at the problem of joint bidding of photovoltaic power generation (PV) and energy storage system (ESS) in the power supply market and reserve market, a method of real-time power adjustment of PV-ESS is proposed. First of all, the optical ESS carries out bidding decisions in the day-ahead energy and reserve market, increases the day-ahead electricity income of the optical ESS by arranging the day-ahead charge and discharge plan, and reduces the day-ahead reserve purchase cost of the optical ESS by providing reserve capacity through ESS. Then, the operation strategy of the ESS in the real-time stage is proposed. Based on the reserve schemes of the ESS in the day-ahead stage, the uncertainty of the real-time output of PV is addressed through real-time adjustment of ESS charge and discharge power, and the overall income of the optical ESS is increased. Finally, a numerical example is given to verify the effectiveness of the proposed method.

(2024) Published by SPIE. Downloading of the abstract is permitted for personal use only.

Citation Download Citation

Rong Zhao and Qing Li "Power trading model of PV-ESS considering reserve market bidding mechanism", Proc. SPIE 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023), 131597D (13 May 2024); https://doi.org/10.1117/12.3025053

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