Economic Dispatch Model of Power System with Wind Power Based on Tradable Green Certificate System

Gui-li YUAN, Pei-de LIU, Xin-chao JIA, Jin-feng DONG

Abstract


In this paper, the tradable green certificate (TGC) system was introduced into the day-ahead scheduling plan of power system with wind power. Based on renewable portfolio standard (RPS), it was assumed that there was TGC trading between the power side and the grid side. Taking the maximum net revenue of both sides as the objective function, an economic dispatch model of power system with wind power was constructed. The model was solved by adaptive immune vaccine algorithm. The results indicate that the proportion of renewable energy quota and TGC price have a certain impact on the production of TGC and bilateral net revenue in the day-ahead scheduling plan.

Keywords


Wind power, Tradable green certificate, Bilateral net revenue, Adaptive immune vaccine algorithm.


DOI
10.12783/dtcse/ammms2018/27216

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