Research on cost-based AGC pricing mechanism for China’s wind power

DOI

10.2991/asei-15.2015.404How to use a DOI?

Keywords

Wind power; AGC pricing mechanism; China

Abstract

With the large-scale development of China’s wind power industry recently, wind power connected to grid has great impacts on power system network FM (frequency modulation). Researching on pricing mechanism of AGC ancillary service is essential for the stability and economy of ancillary services markets of power system. This paper summarizes the current China's wind power development status and proposes the necessity of AGC pricing mechanism. In consideration of the costs of AGC, we propose the cost-based AGC pricing mechanism for China’s wind power. And the establishment of AGC pricing model is used to analyze four typical wind farms in four regions of Chinese nationwide. The reasonable AGC pricing mechanism is discussed and the cost-based AGC compensation mechanism is designed as a reference for the future AGC ancillary service pricing.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yiping Zeng
AU  - Ling Wang
AU  - Xingang Zhao
PY  - 2015/05
DA  - 2015/05
TI  - Research on cost-based AGC pricing mechanism for China’s wind power
BT  - Proceedings of the 2015 International conference on Applied Science and Engineering Innovation
PB  - Atlantis Press
SP  - 2055
EP  - 2060
SN  - 2352-5401
UR  - https://doi.org/10.2991/asei-15.2015.404
DO  - 10.2991/asei-15.2015.404
ID  - Zeng2015/05
ER  -