Preliminary Exploration of Establishing a Spot Quotation Alliance for Cascade Hydropower Stations. Issue 1 (March 2021)

• Record Type: Journal Article
• Authors: Sun, Yi; Xiao, Chang; Zhu, Yanmei; Chen, Shijun; Huang, Weibin; Ma, Guangwen
• Is Part Of: IOP conference series. Volume 680:Issue 1(2021)
• Publication Date: 2021-03
• Subjects: Earth sciences -- Periodicals; Environmental sciences -- Congresses; Environmental sciences -- Periodicals; 550.5
• DOI: 10.1088/1755-1315/680/1/012122
• Languages: English
• ISSNs: 1755-1307

Abstract

Abstract: For the spot electricity market, the quotation combining the hydropower stations is more resistant to uncertainties of runoff and spot price in market bidding. Therefore, it is of great significance to set up a spot quotation system for these hydropower stations. The paper first studied the fundamental characteristics of hydropower stations at different tiers, based on which the establishment of a quotation system of hydropower stations at different tiers and the bidding procedures were proposed. In addition, the paper investigated the joint bid model suitable for hydropower stations at different tiers based on cooperation between bidding stations. Finally, the paper established a coordinated management model and conflict-solving model for the quotation system of hydropower stations at different tiers, providing theoretical support for the system to take part in the spot electricity market and improve its marketing capabilities.