| Title |
P2G-linked Economic Supply Planning Method for Improving Renewable Energy Acceptance and Stabilizing the System |
| Authors |
손영건(Yeong-Geon Son) ; 김성열(Sung-Yul Kim) |
| DOI |
https://doi.org/10.5370/KIEE.2023.72.11.1358 |
| Keywords |
Economic dispatch; Power to Gas; Columns and constraint generations; Mixed integer linear programming; Two-stage Taylor series |
| Abstract |
In this paper, the need for an enhanced Economic Dispatch (ED) model in the evolving landscape of power systems is addressed.
As prominence is gained by Renewable Energy Sources (RES) due to carbon-neutral policies, economic losses for Independent Power Producers (IPP) and Renewable Energy Providers (REP) might be potentially led to by the traditional ED model. To ensure that participation is ensured by all stakeholders in the power system, they are categorized as the Independent System Operator (ISO), IPPs, and REPs, with specific target benefits being designed for each group. The integration of Power-to-Gas (P2G) technology from hydrogen infrastructure into the ED process is proposed to secure these target benefits. Centered on the Cost-Based Pool (CBP) market structure, the increasingly complex Mixed Integer Linear Programming (MILP) problem is tackled in our case study using Columns and Constraint Generation (C&CG) techniques. |