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Author:

Wang, Yun (Wang, Yun.) | Xie, Haipeng (Xie, Haipeng.) | Sun, Xiaotian (Sun, Xiaotian.) | Tang, Lingfeng (Tang, Lingfeng.) | Bie, Zhaohong (Bie, Zhaohong.)

Indexed by:

EI SCIE Scopus Engineering Village

Abstract:

The contradiction between the independent operation and inner connection of the power market, carbon market and TGC market have become the primary challenge towards developing renewable energy and low-carbon technologies. This paper proposes a day-ahead collaborative power-carbon-TCG market framework and its implementation methodology based on the cross-chain technology to cope with the challenge. The daily collaborative market is designed to operate sequentially to reflect the time attribute of carbon emission and TGC production. Penalty factors are introduced in the power market to indicate the inter-market influences from the carbon and TGC markets. Furthermore, cross-chain technologies are leveraged to form a unified framework for the coordination of the three markets, and the chain structures of each market are redesigned to fit into the unified framework. The conclusion is drawn from the case studies on the modified IEEE-30 bus system. The results indicate that the total carbon emission of the system is reduced under the collaborative market framework. The market shares and profits of low-emission and renewable units increase vastly, benefiting low-carbon and renewable energy companies in the long term. © 2022 Elsevier Ltd

Keyword:

Blockchain Carbon Competition Power markets

Author Community:

  • [ 1 ] [Wang, Yun]State Key Laboratory of Electrical Insulation and Power Equipment, Xi'an Jiaotong University, Xi'an; 710049, China
  • [ 2 ] [Xie, Haipeng]State Key Laboratory of Electrical Insulation and Power Equipment, Xi'an Jiaotong University, Xi'an; 710049, China
  • [ 3 ] [Sun, Xiaotian]State Key Laboratory of Electrical Insulation and Power Equipment, Xi'an Jiaotong University, Xi'an; 710049, China
  • [ 4 ] [Tang, Lingfeng]State Key Laboratory of Electrical Insulation and Power Equipment, Xi'an Jiaotong University, Xi'an; 710049, China
  • [ 5 ] [Bie, Zhaohong]State Key Laboratory of Electrical Insulation and Power Equipment, Xi'an Jiaotong University, Xi'an; 710049, China
  • [ 6 ] [Wang, Yun]Xi An Jiao Tong Univ, State Key Lab Elect Insulat & Power Equipment, Xian 710049, Peoples R China
  • [ 7 ] [Xie, Haipeng]Xi An Jiao Tong Univ, State Key Lab Elect Insulat & Power Equipment, Xian 710049, Peoples R China
  • [ 8 ] [Sun, Xiaotian]Xi An Jiao Tong Univ, State Key Lab Elect Insulat & Power Equipment, Xian 710049, Peoples R China
  • [ 9 ] [Tang, Lingfeng]Xi An Jiao Tong Univ, State Key Lab Elect Insulat & Power Equipment, Xian 710049, Peoples R China
  • [ 10 ] [Bie, Zhaohong]Xi An Jiao Tong Univ, State Key Lab Elect Insulat & Power Equipment, Xian 710049, Peoples R China

Reprint Author's Address:

  • [Xie, H.]State Key Laboratory of Electrical Insulation and Power Equipment, China;;

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Source :

Energy

ISSN: 0360-5442

Year: 2022

Volume: 258

7 . 1 4 7

JCR@2020

ESI Discipline: ENGINEERING;

ESI HC Threshold:7

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 16

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 11

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