A Multiple Market Trading Mechanism for Virtual Power Plants Participating in Electricity Energy-Renewable Energy Certificate-Carbon Emission Right Markets

IF 2.4 Q2 ENGINEERING, ELECTRICAL & ELECTRONIC

IET Smart Grid Pub Date : 2025-02-25 DOI:10.1049/stg2.70005

Yun Li, Zhihong Huang, Jianguo Zhou, Ye Guo, Junqiang Gong, Tunan Chen

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Abstract

This paper introduces a novel trading mechanism that enables virtual power plants (VPPs) to simultaneously engage in electricity, renewable energy certificate (REC), and carbon emission right (CER) markets, taking into account the differences in regulation time scales and trading time granularity. We present a multi-layer trading model with rolling window approach to show the model structure. By incorporating parametric programming for the problem-solving process, this approach captures the sensitivity of daily dispatch decisions to REC and CER market parameters, bringing up an exchange method of parameter information between the model's layers. The dispatching correction process can help reduce the negative impact of uncertainties caused by the parameter sensitivity differences in the electricity trading layer. Case studies show that the resulting framework significantly bolsters the VPP's profit maximisation and risk mitigation capabilities.

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虚拟电厂参与电力-可再生能源证书-碳排放权市场的多市场交易机制

本文提出了一种新的交易机制，使虚拟电厂（vpp）能够同时参与电力、可再生能源证书（REC）和碳排放权（CER）市场，同时考虑到监管时间尺度和交易时间粒度的差异。我们提出了一个多层交易模型，用滚动窗口的方法来表示模型的结构。通过将参数规划纳入解决问题的过程，该方法捕获了日常调度决策对REC和CER市场参数的敏感性，提出了模型层之间参数信息的交换方法。调度修正过程有助于减少电力交易层参数敏感性差异带来的不确定性的负面影响。案例研究表明，由此产生的框架大大增强了VPP的利润最大化和风险缓解能力。

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