Research on Electricity Retail Strategy Considering User Participation in Ancillary Services

2022 Asia Power and Electrical Technology Conference (APET) Pub Date : 2022-11-11 DOI:10.1109/APET56294.2022.10072714

Tao Yang, Ciwei Gao, Hao Ming

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Abstract

Since the demand-side resources have great potential to provide ancillary services, design of the electricity retail retail plans can be crucial in both 1) incentive the demand-side resources to provide ancillary services, and 2) become a new profit growth point for electricity retailers. Therefore, this paper formulates a new electricity retail plan design for retailers which helps them to raise the interruptible load resources to participate in the ancillary market. Firstly, this paper designs the interruptible load retail plan to get interruptible load resources. Secondly, considering the bounded-rational behavior of users, the user’s utility function is modeled based on the prospect theory and the logit model. Last but not least, the paper analyzes the cost-effectiveness of electricity retailers participating in the multi-level market and constructs the optimization model of power retail strategy. A numerical example is provided to verify the effectiveness of electricity retailer’s retail plan design strategy considering participation in ancillary service in the electricity market.

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考虑用户参与的辅助服务电力零售策略研究

由于需求侧资源提供辅助服务的潜力巨大，因此电力零售零售方案的设计对于激励需求侧资源提供辅助服务和成为电力零售新的利润增长点至关重要。为此，本文为零售商制定了一种新的电力零售方案设计，帮助零售商提高可中断负荷资源参与辅助市场。首先，设计可中断负荷零售方案，获得可中断负荷资源。其次，考虑到用户的有界理性行为，基于前景理论和logit模型建立了用户效用函数模型;最后，分析了电力零售商参与多层次市场的成本效益，构建了电力零售战略优化模型。通过数值算例验证了电力市场中考虑辅助服务参与的电力零售商零售计划设计策略的有效性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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2022 Asia Power and Electrical Technology Conference (APET)

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