The Balance Groups Mechanism for Improving the Operational Efficiency of Power System

Ninghui Han1, Email

Jinghan He1

Xuankun Song2

1School of Electrical Engineering, Beijing Jiaotong University, Beijing, 100044, China
2State Grid Economic and Technological Research Institute, Beijing, 100000, China

 

Abstract

The electricity market is of great significance for effectively balancing electricity supply and demand, promoting the consumption and utilization of new energy, and optimizing the allocation of electricity resources. It is a key carrier for the transition to clean and low-carbon energy system. This paper focuses on the research of the electricity spot market mechanism based on balance groups (BG). It analyzes the current development status of electricity spot markets in typical regions both at home and abroad. Considering the widespread participation of diverse market players such as distributed power supplies, energy storage systems, and virtual power plants, it designs a market operation mode and trading mechanism based on BG, and conducts example analysis based on actual operation data from power grids in typical regions. The research results show that the BG mechanism has significant advantages in reducing system operating costs and improving system operating efficiency, thus providing new ideas and methods for building a power grid that adapts to a high proportion of new energy access.