Simulation Analysis of Profit and Loss of Pumped Storage Units Participating in Spot Market

H Zhang, C Dong, C Liang, X Huang… - 2023 3rd Power …, 2023 - ieeexplore.ieee.org
Under the new electricity price policy mechanism, China's pumped storage units will enter
the spot market to participate in mediation and profit. At present, pumped storage units are …

[HTML][HTML] Grid company income analysis based on pumped storage participating the spot market with various bidding strategies

X Zhang, Z Chen, S Liu, H Song, P Yu, T Jin, X Chen - Energy Reports, 2022 - Elsevier
With the development of the electricity market in China, regulations are updated quickly and
models adapted to the latest policies need to be developed urgently. This paper proposes a …

Optimization Model of Electricity Spot Market Considering Pumped Storage in China

L Wang, M Wei, H Yang, J Li, S Li… - Journal of Physics …, 2022 - iopscience.iop.org
As China's electricity market continues to evolve, pumped hydro storage will participate in
electricity spot market transactions. According to the latest price policy of pumped storage …

Design of Price Market Linkage Mechanism and Economic Benefit Evaluation of Pumped Storage Power Station Under the Power Market Environment

LIU Yang, HE Yongxiu, LI Moxing… - Modern Electric …, 2023 - xddl.ncepujournal.com
To cope with such problems existed in pumped storage power stations in China as the
pressure of investment cost recovery, the lack of social investment willingness and the lack …

[HTML][HTML] Multi-time scale trading profit model of pumped storage power plant for electricity market

Y Luo, S Zhang, B Zhou, G Li, B Hu, Y Liu… - Frontiers in Energy …, 2022 - frontiersin.org
Pumped storage power plant (PSPP) has the upper hand on economy and cleanness. It also
has the functions of frequency regulation, phase regulation, and spare, which have been …

Benefit evaluation and mechanism design of pumped storage plants under the background of power market reform-A case study of China

YX He, Y Liu, MX Li, Y Zhang - Renewable Energy, 2022 - Elsevier
Pumped storage plant can help promote the low-carbon transformation of China's power
system because of its fast response and energy time shift. Based on the pumped storage …

Competitive model of pumped storage power plants participating in electricity spot Market——in case of China

YX He, PL Liu, L Zhou, Y Zhang, Y Liu - Renewable Energy, 2021 - Elsevier
With the development of transmission and distribution price reform in China, pumped
storage power station can not continue to be included in the effective assets of the power …

Arbitrage Assessment of Pumped Hydro Storage in Power Spot Market

J Huan, B Zhao, P Shi, S Jiang… - 2023 5th International …, 2023 - ieeexplore.ieee.org
Pumped hydro storage is one of the main flexible resources of the power system. The price
formation mechanism and arbitrage model of pumped storage power plant is one of the key …

Research on Cost and Economy of Pumped Storage Power Station under the Background of Power Market Reform

Q Wu - 2023 6th International Conference on Energy …, 2023 - ieeexplore.ieee.org
With the increasing scale of new energy construction in China and the increasing demand of
power system for regulating capacity, it is imperative to accelerate the large-scale …

Pumped storage hydro power's function in the electricity market under the electricity deregulation background in China–A case study of Fujian province

D Mou - Energy & Environment, 2019 - journals.sagepub.com
This paper constructs Fujian province's independent electricity market system, based on the
province's 500 kV backbone grid structure and key power plants, simulates the electricity …