NDLI: The impact of retailing side market liberalization on future electric grid operation

Content Provider	IEEE Xplore Digital Library
Author	Hui Zeng Yu Zhu Tianyi Li Xiaoyang He Tie Li Dalu Li Peng Zhao
Copyright Year	2014
Description	Author affiliation: Liaoning Electr. Power Co. Ltd., State Grid Corp. of China, Shenyang, China (Xiaoyang He; Tie Li; Dalu Li; Peng Zhao) \|\| Res. Inst. of Liaoning Electr. Power Co. Ltd., State Grid Corp. of China, Shenyang, China (Hui Zeng; Yu Zhu; Tianyi Li)
Abstract	China has commenced an electricity restructuring reform in 2014, with the announced aim of applying market competition to the power retailing sector. Although power system security and competitive market operation are contradictory, they could co-exist in harmony. This paper aims to find out an equilibrium mode between retail side commercial competition and reliable system operations. The equilibrium model is simulated by a single substation which represents the load of a large industrial consumer. First, time-dependent energy price strategies are reviewed and proposed by analyzing consumption patterns from Y area where 95% of local load comes from industrial customers in Northeast China. Second, the peak-valley load gap is curtailed, considering economically viable if proper wholesale market tariff is allowed. Third, power system dispatch procedures are re-scheduled for eliminating transmission line congestion with respect to predefined set of contingencies. Security check is made to see whether power flow oversteps equipment' s thermal limits in a double-circuit transmission line failure scenario. Finally, system transient stability characteristics are simulated when proposed tariff plans are applied.
Starting Page	575
Ending Page	581
File Size	733491
Page Count	7
File Format	PDF
ISBN	9781479950324
DOI	10.1109/POWERCON.2014.6993771
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2014-10-20
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Electricity Substations Load modeling Security Magnesium Industries Retailing Side Market liberalization Electricity Restructuring Reform Energy Price Strategies Equilibrium Mode
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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