Modeling and Simulation of the Impact of Wind Power Integration on Power Market Based on System Dynamics

Abstract:

The impact of wind power integration on power market is complex and time-dependent, and can be reflected by some key factors with causal feedback relationships. First, the System Dynamics feature of the impact of wind power integration on power market is analyzed; second, according to the causal feedback relationships among the key factors, the System Dynamics model of the impact of wind power integration on power market is established; on this basis, under the scenario of wind power integrated capacity increasing, the impacts of wind power integration on the power supply and demand, power price and costs in power market are dynamically simulated, and the validity of the System Dynamics model in this paper is verified.

• Periodical: Advanced Materials Research (Volumes 608-609)
• Pages: 759-763
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.608-609.759
• Online since: December 2012
• Authors: Chen Li, Li Sha Zhou, Ming Zeng
• Keywords: Modeling and Simulation, Power Market, System Dynamics (SD), Wind Power Integration

References

[1] Yingqi Liu, Ari Kokko: Energy Policy Vol.38 (2010), p.5520

[2] Junjie Kang, Jiahai Yuan, Zhaoguang Hu, Yan Xu: Renewable and Sustainable Energy Reviews Volume 16 (2012), p. (1907)

[3] WANG Cheng-shan, YU Bo, XIAO Jun, et al.: Proceedings of the CSEE Vol.36 (2012), p.1 (in Chinese)

[4] HAN Dong, YAN Zheng, SONG Yiqun, et al.: Automation of Electric Power Systems Vol.36 (2012), p.16 (in Chinese)

[5] ZHOU Li-sha, LI Chen, YU Shun-kun: East China Electric Power Vol.40 (2012), p.31 (in Chinese)

[6] LI Chen, ZHOU Lisha, LI Na, ZENG Ming: Systems Engineering Procedia Volume 3 (2012), p.92

[7] LV Zhi-sheng, YAN Li-wei, LUO Ai-qing, et al.: East China Electric Power Vol.40 (2012), p.251 (in Chinese)

[8] Söder L: IEEE Transactions on Power Systems Vol.8 (1993), p.1056