LOW VOLTAGE APPARATUS ›› 2025, Vol. 0 ›› Issue (7): 59-70.doi: 10.16628/j.cnki.2095-8188.2025.07.009

• Energy Management • Previous Articles     Next Articles

Research on Economic Feasibility of Multi-Energy Complementary Systems in Medium- and Long-Term Markets

CHEN Yeshuai, BIAN Guoliang   

  1. School of Electrical Engineering,Northeast Power University, Jilin 132012, China
  • Received:2025-05-21 Online:2025-07-30 Published:2025-08-27

Abstract:

Driven by the “Dual Carbon” goals,the large-scale development of renewable energy faces integration challenges due to its inherent intermittency and volatility.To enhance system flexibility and promote renewable energy accommodation, the economic and stability advantages of multi-energy complementary systems in electricity markets are investigated, guided by China’s national policy on “Integrated Source-Grid-Load-Storage and Multi-Energy Complementarity.” By incorporating electricity market rules and multi-energy complementarity characteristics, a medium- and long-term market-clearing model is established. Using nonlinear programming theory and a particle swarm optimization algorithm, simulations are conducted to solve the bidding strategies of power generation and large consumers’ electricity purchase decisions.Through market-clearing result analysis and policy adaptability research, the superiority of multi-energy complementary systems is validated in terms of economic benefits, market resilience, and cost structure, which can provide theoretical support for market-based renewable energy integration.

Key words: medium- and long-term markets, multi-energy complementary system, renewable energy consumption, power system flexibility

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