Continuous Bidirectional Auction-based Bidding Strategy of Virtual Power Plant
In response to the gradual exhaustion of fossil energy and the worsening of the climate environment,global new energy power generation has developed rapidly.However,large-scale grid integration of new energy generation has not on-ly brought a great impact on the conventional energy market to maintain a balance of supply and demand,but also brought certain uncontrollable factors to the electricity market.In order to achieve full potential of the incentive role of electricity prices to mobilize the enthusiasm of both supply and demand,and to improve the level of consumption of new energy,a virtual power plant bidding strategy based on continuous bidirectional auctions is proposed.The applicable conditions,transaction methods,and transaction rules of electricity market transactions based on continuous bidirectional auctions are analyzed to establish a quotation function that conforms to the transaction psychology of buyers and sellers,and to per-form user cost calculation and error processing.Through multiple simulation tests,it is compared under the hidden bid auction.The new energy consumption efficiency and social welfare have verified that the proposed continuous bidirectional auction-based bidding strategy for virtual power plants is conducive to the full consumption of new energy and the healthy development of the electricity market.
electricity marketconsumption of renewable energyvirtual power plant