With increasing awareness of environmental protection and rising carbon emission costs,participation in electricity and carbon markets for energy-intensive industrial users will become an effective way to reduce opera...With increasing awareness of environmental protection and rising carbon emission costs,participation in electricity and carbon markets for energy-intensive industrial users will become an effective way to reduce operating costs and carbon emissions.In this regard,a novel Stackelberg game framework is developed in this study for coordinated participation in coupled electricity‒carbon markets.Specifically,generalized carbon emission models and electricity consumption models for different energy-intensive industrial users are established,and a Stackelberg game-based interactive operation strategy is proposed for load aggregators(LAs)and energy-intensive industrial users in joint electricity‒carbon markets,where the LA works as a leader who chooses proper interactive prices to maximize the comprehensive benefit,whereas energy-intensive industrial users serve as followers who minimize the total energy costs in response to the interactive prices set by the LA.Then,the existence and uniqueness of the Stackelberg equilibrium(SE)are analyzed,and a decentralized solution algorithm is suggested to reach the SE.Finally,the simulation results demonstrate that the proposed interactive operation strategy can not only increase the profit of the LA but also reduce the cost of energy-intensive industrial users,which achieves a win-win result.展开更多
Decarbonization of the electricity sector is crucial to mitigate the impacts of climate change and global warming over the coming decades.The key challenges for achieving this goal are carbon emission trading and elec...Decarbonization of the electricity sector is crucial to mitigate the impacts of climate change and global warming over the coming decades.The key challenges for achieving this goal are carbon emission trading and electricity sector regulation,which are also the major components of the carbon and electricity markets,respectively.In this paper,a joint electricity and carbon market model is proposed to investigate the relationships between electricity price,carbon price,and electricity generation capacity,thereby identifying pathways toward a renewable energy transition under the transactional energy interconnection framework.The proposed model is a dynamically iterative optimization model consisting of upper-level and lower-level models.The upper-level model optimizes power generation and obtains the electricity price,which drives the lower-level model to update the carbon price and electricity generation capacity.The proposed model is verified using the Northeast Asia power grid.The results show that increasing carbon price will result in increased electricity price,along with further increases in renewable energy generation capacity in the following period.This increase in renewable energy generation will reduce reliance on carbon-emitting energy sources,and hence the carbon price will decline.Moreover,the interconnection among zones in the Northeast Asia power grid will enable reasonable allocation of zonal power generation.Carbon capture and storage (CCS) will be an effective technology to reduce the carbon emissions and further realize the emission reduction targets in 2030-2050.It eases the stress of realizing the energy transition because of the less urgency to install additional renewable energy capacity.展开更多
基金grateful for the financial support from the National Key R&D Program of China(2023YFB2407300).
文摘With increasing awareness of environmental protection and rising carbon emission costs,participation in electricity and carbon markets for energy-intensive industrial users will become an effective way to reduce operating costs and carbon emissions.In this regard,a novel Stackelberg game framework is developed in this study for coordinated participation in coupled electricity‒carbon markets.Specifically,generalized carbon emission models and electricity consumption models for different energy-intensive industrial users are established,and a Stackelberg game-based interactive operation strategy is proposed for load aggregators(LAs)and energy-intensive industrial users in joint electricity‒carbon markets,where the LA works as a leader who chooses proper interactive prices to maximize the comprehensive benefit,whereas energy-intensive industrial users serve as followers who minimize the total energy costs in response to the interactive prices set by the LA.Then,the existence and uniqueness of the Stackelberg equilibrium(SE)are analyzed,and a decentralized solution algorithm is suggested to reach the SE.Finally,the simulation results demonstrate that the proposed interactive operation strategy can not only increase the profit of the LA but also reduce the cost of energy-intensive industrial users,which achieves a win-win result.
基金supported in part by National Key Research and Development Program of China(2016YFB0901900)the Science and Technology Foundation of GEIDCO(SGGEIG00JYJS1900016)
文摘Decarbonization of the electricity sector is crucial to mitigate the impacts of climate change and global warming over the coming decades.The key challenges for achieving this goal are carbon emission trading and electricity sector regulation,which are also the major components of the carbon and electricity markets,respectively.In this paper,a joint electricity and carbon market model is proposed to investigate the relationships between electricity price,carbon price,and electricity generation capacity,thereby identifying pathways toward a renewable energy transition under the transactional energy interconnection framework.The proposed model is a dynamically iterative optimization model consisting of upper-level and lower-level models.The upper-level model optimizes power generation and obtains the electricity price,which drives the lower-level model to update the carbon price and electricity generation capacity.The proposed model is verified using the Northeast Asia power grid.The results show that increasing carbon price will result in increased electricity price,along with further increases in renewable energy generation capacity in the following period.This increase in renewable energy generation will reduce reliance on carbon-emitting energy sources,and hence the carbon price will decline.Moreover,the interconnection among zones in the Northeast Asia power grid will enable reasonable allocation of zonal power generation.Carbon capture and storage (CCS) will be an effective technology to reduce the carbon emissions and further realize the emission reduction targets in 2030-2050.It eases the stress of realizing the energy transition because of the less urgency to install additional renewable energy capacity.
