| Issue |
E3S Web Conf.
Volume 666, 2025
5th International Conference on Air Pollution and Environmental Engineering (APEE 2025)
|
|
|---|---|---|
| Article Number | 01007 | |
| Number of page(s) | 4 | |
| DOI | https://doi.org/10.1051/e3sconf/202566601007 | |
| Published online | 19 November 2025 | |
A Study of Capacity Value Characterization of the Stochastic Fluctuation Characteristics of New Energy Sources
State Grid Henan Electric Power Company Economic and Technical Research Institute, Zhengzhou, Henan, 450052, China
* Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.
Abstract
The stochastic fluctuation characteristics of new energy have a great impact on the construction of electricity market. In this study, the correlation between the stochastic fluctuation characteristics of new energy and the system flexibility performance is established to realize the boundary decision of capacity market clearing model considering the system flexibility demand, and the capacity market clearing model is formed. The capacity market clearing model and the capacity price formation method considering the credible capacity of new energy are developed to realize the investment incentive for capacity supply resources. The simulation results show that the proposed method can more effectively reflect the value difference of different resources, guarantee the reasonable returns of market members, and stimulate the market parties to take the initiative to improve the level of new energy consumption in the power grid.
Key words: New Energy Consumption / Stochastic Fluctuation / Capacity Value / System Capacity
© The Authors, published by EDP Sciences, 2025
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