Pricing Model and Compensation Strategy of Wind Power AGC Ancillary Services Based on the Day-ahead Market and Priority Decision-making Model
- 10.2991/asei-15.2015.405How to use a DOI?
- Wind power; Ancillary services; AGC; Compensation strategy
That wind power provides automatic generation control (AGC) is an innovative solution to the lack of AGC ancillary services and the problem of abandoned wind. How to appropriately compensate the wind power generators who provide AGC ancillary services is a critical issue. Based on the day-ahead market and priority decision-making model, this paper takes two sciences, unit performance preference and unit economic preference, into consideration, and uses the comprehensive evaluation method to order wind power farms. Then it establishes pricing model and compensation strategy according to the capacity price and the electricity price. Aim to provide a reference for future pricing and compensation model of wind farms in China.
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yuzhuo Zhang AU - Ling Wang AU - Xin-gang Zhao PY - 2015/05 DA - 2015/05 TI - Pricing Model and Compensation Strategy of Wind Power AGC Ancillary Services Based on the Day-ahead Market and Priority Decision-making Model BT - Proceedings of the 2015 International conference on Applied Science and Engineering Innovation PB - Atlantis Press SP - 2061 EP - 2066 SN - 2352-5401 UR - https://doi.org/10.2991/asei-15.2015.405 DO - 10.2991/asei-15.2015.405 ID - Zhang2015/05 ER -