A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application

With the continuous growth of electricity demand, optimizing load management strategies has become a crucial approach for alleviating the pressure on power supply. As a significant component of power consumption, air conditioning loads offer substantial curtailment potential. However, the current de...

Full description

Saved in:
Bibliographic Details
Main Authors: Chupeng Xiao, Zhuofan Tang, Suoyue Wang, Kui Wang, Rui Xiang, Xiaojing Li
Format: Article
Language:English
Published: IEEE 2025-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10967544/
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850130237830987776
author Chupeng Xiao
Zhuofan Tang
Suoyue Wang
Kui Wang
Rui Xiang
Xiaojing Li
author_facet Chupeng Xiao
Zhuofan Tang
Suoyue Wang
Kui Wang
Rui Xiang
Xiaojing Li
author_sort Chupeng Xiao
collection DOAJ
description With the continuous growth of electricity demand, optimizing load management strategies has become a crucial approach for alleviating the pressure on power supply. As a significant component of power consumption, air conditioning loads offer substantial curtailment potential. However, the current design of electricity market mechanisms for air conditioning users remains inadequate, making it difficult to fully mobilize user participation and utilize the curtailment potential of air conditioning loads. This paper considers market operation objectives across four dimensions: demand fulfillment, operational costs, user participation, and user comfort. A flexible multi-mechanism market model for air conditioning users is proposed, enabling market operators to design adaptable mechanisms that meet various operational needs. Additionally, a set of market mechanism evaluation metrics is developed. Through case studies, the application effects of various market mechanisms under different load reduction demands are compared. The results demonstrate that the proposed model provides a new approach to designing electricity market mechanisms for air conditioning users, effectively enhancing system responsiveness, flexibility, and economic efficiency of grid operations.
format Article
id doaj-art-8ae18cf3fbda4ed7bb07d68216e52ef3
institution OA Journals
issn 2169-3536
language English
publishDate 2025-01-01
publisher IEEE
record_format Article
series IEEE Access
spelling doaj-art-8ae18cf3fbda4ed7bb07d68216e52ef32025-08-20T02:32:45ZengIEEEIEEE Access2169-35362025-01-0113997789978810.1109/ACCESS.2025.356207610967544A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and ApplicationChupeng Xiao0https://orcid.org/0009-0005-1113-9715Zhuofan Tang1https://orcid.org/0009-0009-5700-978XSuoyue Wang2https://orcid.org/0009-0002-5868-3302Kui Wang3https://orcid.org/0009-0007-2439-1674Rui Xiang4https://orcid.org/0009-0004-8477-6478Xiaojing Li5https://orcid.org/0009-0002-6251-7016State Grid Electric Power Research Institute Wuhan Efficiency Evaluation Company Ltd., Wuhan, Hubei, ChinaState Grid Shanghai Electric Power Company, Shanghai, ChinaState Grid Shandong Marketing Service Center, Jinan, Shandong, ChinaState Grid Electric Power Research Institute Wuhan Efficiency Evaluation Company Ltd., Wuhan, Hubei, ChinaPKU-Changsha Institute for Computing and Digital Economy, Changsha, Hunan, ChinaPKU-Changsha Institute for Computing and Digital Economy, Changsha, Hunan, ChinaWith the continuous growth of electricity demand, optimizing load management strategies has become a crucial approach for alleviating the pressure on power supply. As a significant component of power consumption, air conditioning loads offer substantial curtailment potential. However, the current design of electricity market mechanisms for air conditioning users remains inadequate, making it difficult to fully mobilize user participation and utilize the curtailment potential of air conditioning loads. This paper considers market operation objectives across four dimensions: demand fulfillment, operational costs, user participation, and user comfort. A flexible multi-mechanism market model for air conditioning users is proposed, enabling market operators to design adaptable mechanisms that meet various operational needs. Additionally, a set of market mechanism evaluation metrics is developed. Through case studies, the application effects of various market mechanisms under different load reduction demands are compared. The results demonstrate that the proposed model provides a new approach to designing electricity market mechanisms for air conditioning users, effectively enhancing system responsiveness, flexibility, and economic efficiency of grid operations.https://ieeexplore.ieee.org/document/10967544/Air conditioning loaddemand responsemarket mechanismload managementpower system flexibility
spellingShingle Chupeng Xiao
Zhuofan Tang
Suoyue Wang
Kui Wang
Rui Xiang
Xiaojing Li
A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
IEEE Access
Air conditioning load
demand response
market mechanism
load management
power system flexibility
title A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
title_full A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
title_fullStr A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
title_full_unstemmed A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
title_short A Flexible Multi-Mechanism Market Model for Air Conditioning Users in Electricity Market: Design and Application
title_sort flexible multi mechanism market model for air conditioning users in electricity market design and application
topic Air conditioning load
demand response
market mechanism
load management
power system flexibility
url https://ieeexplore.ieee.org/document/10967544/
work_keys_str_mv AT chupengxiao aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT zhuofantang aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT suoyuewang aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT kuiwang aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT ruixiang aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT xiaojingli aflexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT chupengxiao flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT zhuofantang flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT suoyuewang flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT kuiwang flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT ruixiang flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication
AT xiaojingli flexiblemultimechanismmarketmodelforairconditioningusersinelectricitymarketdesignandapplication