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Growing Science » International Journal of Industrial Engineering Computations » Regulation strategy of an integrated energy system considering the dynamic change of electricity price in the spot market in the day-ahead and in the middle of the day

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International Journal of Industrial Engineering Computations

ISSN 1923-2934 (Online) - ISSN 1923-2926 (Print)
Quarterly Publication
Volume 16 Issue 3 pp. 511-520 , 2025

Regulation strategy of an integrated energy system considering the dynamic change of electricity price in the spot market in the day-ahead and in the middle of the day Pages 511-520 Right click to download the paper Download PDF

Authors: Jingshuai Pang, Hongyin Chen, Zhenlan Dou, Songcen Wang, Chunyan Zhang, Jianfeng Li, Yang Liu, Yi Gu

DOI: 10.5267/j.ijiec.2025.5.004

Keywords: Spot markets, Electricity prices, Regulation, Stochastic evolutionary games, Integrated energy systems

Abstract: Most of the renewable energy sources have unstable supply and high volatility. With the growing share of renewable energy in the integrated energy system, it is more and more difficult to execute the energy pre-dispatch regulation decision of the integrated energy system. To address the problem of increased volatility of the system, the study proposes to optimize the pre-dispatch decision-making of the system’s control center by analyzing the difference between the day-ahead market clearing price and the declared price of electricity supply. The results show that the node declared power is much higher than the ground's actual clearing power during the period from 1:00 am to 4:00 am. During this period the declared power of the nodes is at 2500kW and the actual clearing power of the nodes is around 1500kW. The outgoing power of the integrated energy system electrical load can be reduced in advance during the period from 10 am to 3 pm. The proposed pre-dispatch decision of the integrated energy system on the basis of the difference between the day-ahead clearing price and the node declared price can ensure the stability of the system operation while reducing the operating cost of the integrated energy system.

How to cite this paper
Pang, J., Chen, H., Dou, Z., Wang, S., Zhang, C., Li, J., Liu, Y & Gu, Y. (2025). Regulation strategy of an integrated energy system considering the dynamic change of electricity price in the spot market in the day-ahead and in the middle of the day.International Journal of Industrial Engineering Computations , 16(3), 511-520.

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Journal: International Journal of Industrial Engineering Computations | Year: 2025 | Volume: 16 | Issue: 3 | Views: 405 | Reviews: 0

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