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ORIGINAL RESEARCH article

Front. Energy Res.
Sec. Sustainable Energy Systems
Volume 12 - 2024 | doi: 10.3389/fenrg.2024.1392321
This article is part of the Research Topic Clean Energy and Low-carbon Transportation View all 7 articles

A CVaR-based study of the impact of multi-stage market transmission rights on grid investment decisions

Provisionally accepted
Bingxing Yi Bingxing Yi 1*Yuan Xin Yuan Xin 2Zhang Yi Zhang Yi 1Zhao Xiaoye Zhao Xiaoye 3Ma Chenglin Ma Chenglin 1Chen Guowei Chen Guowei 2
  • 1 Xinjiang Power Trading Center Co., LTD., Urumqi, China
  • 2 State Grid Kuitun Power Supply Company, kuitun, China
  • 3 Xinjiang Information Industry Co., LTD, Urumqi, China

The final, formatted version of the article will be published soon.

    With the in-depth development of the power grid market, the research on power grid investment decision -making in the form of multiple stages of market needs to focus on the problem of transmission resistance plugging and power congestion. In order to coordinate the subjective experience and objective data, qualitative and quantitative indicators, project attributes and environmental attributes in grid investment decision-making, factor analysis is utilized to make decisions on grid planning and investment. First of all, the concept of financia and physical transmission rights is introduced, and the use of Conditional Valueat risk (CVAR) is used as a risk measure, and financial and physical transmission rights are established in the power grid investment income model. Secondly, build a power grid planning investment decision-making index system; again, use the factor analysis method to build a power grid investment decision model based on transmission rights. Relevant departments provide reference for power grid investment decisions.

    Keywords: Transmission rights, Power grid investment, CVaR, multi-stage market, power grid investment decisions

    Received: 27 Feb 2024; Accepted: 21 May 2024.

    Copyright: © 2024 Yi, Xin, Yi, Xiaoye, Chenglin and Guowei. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

    * Correspondence: Bingxing Yi, Xinjiang Power Trading Center Co., LTD., Urumqi, China

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