Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading

Global warming has motivated the world's major countries to actively develop technologies and make policies to promote carbon emission reduction. Focusing on interconnected multi-regional power systems, this paper proposes a coordinated planning model for interconnected power systems cons...

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Main Authors: Jia Liu, Biao Jiang, Zao Tang, Pingliang Zeng, Tong Su, Yalou Li, Qiuwei Wu
Format: Article
Language:English
Published: China electric power research institute 2025-01-01
Series:CSEE Journal of Power and Energy Systems
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10838236/
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author Jia Liu
Biao Jiang
Zao Tang
Pingliang Zeng
Tong Su
Yalou Li
Qiuwei Wu
author_facet Jia Liu
Biao Jiang
Zao Tang
Pingliang Zeng
Tong Su
Yalou Li
Qiuwei Wu
author_sort Jia Liu
collection DOAJ
description Global warming has motivated the world's major countries to actively develop technologies and make policies to promote carbon emission reduction. Focusing on interconnected multi-regional power systems, this paper proposes a coordinated planning model for interconnected power systems considering energy storage system planning and transmission expansion. A market-based carbon emission quota trading market that helps reduce carbon emissions is built and integrated into the coordi-nated planning model, where entities can purchase extra or sell surplus carbon emission quotas. Its effects on promoting carbon emission reduction are analyzed. Considering the limitations on information exchange between interconnected regional power systems, the proposed model is decoupled and solved with the analytical target cascading algorithm. A modified two-region 48-bus system is used to verify the effectiveness of the proposed model and solving method.
format Article
id doaj-art-d76ad4f1f29646da9315d7ee2cb22c74
institution OA Journals
issn 2096-0042
language English
publishDate 2025-01-01
publisher China electric power research institute
record_format Article
series CSEE Journal of Power and Energy Systems
spelling doaj-art-d76ad4f1f29646da9315d7ee2cb22c742025-08-20T02:18:21ZengChina electric power research instituteCSEE Journal of Power and Energy Systems2096-00422025-01-0111249050210.17775/CSEEJPES.2023.0623010838236Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota TradingJia Liu0Biao Jiang1Zao Tang2Pingliang Zeng3Tong Su4Yalou Li5Qiuwei Wu6Hangzhou Dianzi University,Department of Automation,Hangzhou,China,310018Hangzhou Dianzi University,Department of Automation,Hangzhou,China,310018Hangzhou Dianzi University,Department of Automation,Hangzhou,China,310018Hangzhou Dianzi University,Department of Automation,Hangzhou,China,310018University of Connecticut,Storrs,USA,06279China Electric Power Research Institute,Beijing,China,100192Technical University of Denmark,Department of Electrical Engineering,Kongens Lyngby,Denmark,2800Global warming has motivated the world's major countries to actively develop technologies and make policies to promote carbon emission reduction. Focusing on interconnected multi-regional power systems, this paper proposes a coordinated planning model for interconnected power systems considering energy storage system planning and transmission expansion. A market-based carbon emission quota trading market that helps reduce carbon emissions is built and integrated into the coordi-nated planning model, where entities can purchase extra or sell surplus carbon emission quotas. Its effects on promoting carbon emission reduction are analyzed. Considering the limitations on information exchange between interconnected regional power systems, the proposed model is decoupled and solved with the analytical target cascading algorithm. A modified two-region 48-bus system is used to verify the effectiveness of the proposed model and solving method.https://ieeexplore.ieee.org/document/10838236/Analytical target cascading algorithmenergy storage systemmulti-regional power systemtiered pricing mechanismtransmission expansion planning
spellingShingle Jia Liu
Biao Jiang
Zao Tang
Pingliang Zeng
Tong Su
Yalou Li
Qiuwei Wu
Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
CSEE Journal of Power and Energy Systems
Analytical target cascading algorithm
energy storage system
multi-regional power system
tiered pricing mechanism
transmission expansion planning
title Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
title_full Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
title_fullStr Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
title_full_unstemmed Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
title_short Coordinated Planning of Interconnected Multi-Regional Power Systems Considering Large-Scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading
title_sort coordinated planning of interconnected multi regional power systems considering large scale energy storage systems transmission expansion and carbon emission quota trading
topic Analytical target cascading algorithm
energy storage system
multi-regional power system
tiered pricing mechanism
transmission expansion planning
url https://ieeexplore.ieee.org/document/10838236/
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AT tongsu coordinatedplanningofinterconnectedmultiregionalpowersystemsconsideringlargescaleenergystoragesystemstransmissionexpansionandcarbonemissionquotatrading
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