LAPSE:2023.14192
Published Article

LAPSE:2023.14192
Planning of New Distribution Network Considering Green Power Certificate Trading and Carbon Emissions Trading
March 1, 2023
Abstract
In order to adapt to the development of the green power certificate trading (GPCT) and carbon emissions trading (CET) market, reduce the carbon emissions of the distribution network and increase the investment income, this paper proposes a new distribution network (NDN) planning and simulation operation bi-layer model with new energy (NE) as the main body, considering the GPCT and CET mechanisms. First, the upper layer determines the capacity and location of wind turbine (WT), photovoltaic (PV), hydraulic turbine (HT), micro turbine (MT), and energy storage (ES), while the lower simulation operation considers the operation costs of WT, PV, HT, MT, ES, load demand response (DR) and carbon emissions. The planning objective was to minimize the total cost of investment, operation and carbon emissions in the planning period. Then, on the basis of a traditional distribution network (TDN), security constraints, carbon emissions intensity, GPCT volume and CET volume were added. Finally, the cases study of the improved IEEE33 node and PG&E69 node NDN planning were provided. The results of NDN planning and TDN planning are compared and analyzed, and a sensitivity analysis was carried out to study the impact of GPCT and CET mechanisms with different price levels on investment planning. The results verify the applicability and rationality of the model.
In order to adapt to the development of the green power certificate trading (GPCT) and carbon emissions trading (CET) market, reduce the carbon emissions of the distribution network and increase the investment income, this paper proposes a new distribution network (NDN) planning and simulation operation bi-layer model with new energy (NE) as the main body, considering the GPCT and CET mechanisms. First, the upper layer determines the capacity and location of wind turbine (WT), photovoltaic (PV), hydraulic turbine (HT), micro turbine (MT), and energy storage (ES), while the lower simulation operation considers the operation costs of WT, PV, HT, MT, ES, load demand response (DR) and carbon emissions. The planning objective was to minimize the total cost of investment, operation and carbon emissions in the planning period. Then, on the basis of a traditional distribution network (TDN), security constraints, carbon emissions intensity, GPCT volume and CET volume were added. Finally, the cases study of the improved IEEE33 node and PG&E69 node NDN planning were provided. The results of NDN planning and TDN planning are compared and analyzed, and a sensitivity analysis was carried out to study the impact of GPCT and CET mechanisms with different price levels on investment planning. The results verify the applicability and rationality of the model.
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Keywords
carbon emissions trading, demand response, green power certificate trading, new distribution network, new energy, Planning
Subject
Suggested Citation
Wang H, Shen X, Liu J. Planning of New Distribution Network Considering Green Power Certificate Trading and Carbon Emissions Trading. (2023). LAPSE:2023.14192
Author Affiliations
Wang H: College of Electrical Engineering, Sichuan University, Chengdu 610065, China
Shen X: College of Electrical Engineering, Sichuan University, Chengdu 610065, China
Liu J: College of Electrical Engineering, Sichuan University, Chengdu 610065, China
Shen X: College of Electrical Engineering, Sichuan University, Chengdu 610065, China
Liu J: College of Electrical Engineering, Sichuan University, Chengdu 610065, China
Journal Name
Energies
Volume
15
Issue
7
First Page
2435
Year
2022
Publication Date
2022-03-25
ISSN
1996-1073
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Original Submission
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PII: en15072435, Publication Type: Journal Article
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LAPSE:2023.14192
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https://doi.org/10.3390/en15072435
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Mar 1, 2023
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