A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction

The uncertainty of new energy results in power prediction errors, causing new energy producers to bear high wind curtailment losses and deviation penalties due to bidding deviations. To address these issues, this paper proposes a feature-constrained multi-layer perception (MLP) power prediction algo...

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Main Author: LIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran
Format: Article
Language:zho
Published: Editorial Office of Journal of Shanghai Jiao Tong University 2025-02-01
Series:Shanghai Jiaotong Daxue xuebao
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Online Access:https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-2-221.shtml
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author LIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran
author_facet LIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran
author_sort LIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran
collection DOAJ
description The uncertainty of new energy results in power prediction errors, causing new energy producers to bear high wind curtailment losses and deviation penalties due to bidding deviations. To address these issues, this paper proposes a feature-constrained multi-layer perception (MLP) power prediction algorithm, combined with storage-based bilateral transactions, to provide power support and reduce bidding deviations. First, the MLP model is enhanced by improving the relevancy of the hidden layers through adaptive learning, which strengthens its ability to capture nonlinear rules in input data and improves power prediction accuracy. Then, the algorithm allows for bilateral transactions between new energy producers and storage enterprise before entering the day-ahead market, helping mitigate the penalties associated with prediction errors including deviation and curtailment costs. Finally, the case study demonstrates that the feature-constrained MLP effectively improves the power prediction accuracy. Additionally, engaging in bilateral transactions with storage enterprise significantly reduces the costs incurred by new energy producers due to bid deviations.
format Article
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institution DOAJ
issn 1006-2467
language zho
publishDate 2025-02-01
publisher Editorial Office of Journal of Shanghai Jiao Tong University
record_format Article
series Shanghai Jiaotong Daxue xuebao
spelling doaj-art-efa110a06d3f42efab4eb24e520536902025-08-20T02:47:49ZzhoEditorial Office of Journal of Shanghai Jiao Tong UniversityShanghai Jiaotong Daxue xuebao1006-24672025-02-0159222122910.16183/j.cnki.jsjtu.2023.312A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market TransactionLIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran01. NARI Group Corporation (State Grid Electric Power Research Institute), Nanjing 211100, China;2. NARI Technology Co., Ltd., Nanjing 211100, China;3. School of Electrical Engineering, Southeast University, Nanjing 210096, ChinaThe uncertainty of new energy results in power prediction errors, causing new energy producers to bear high wind curtailment losses and deviation penalties due to bidding deviations. To address these issues, this paper proposes a feature-constrained multi-layer perception (MLP) power prediction algorithm, combined with storage-based bilateral transactions, to provide power support and reduce bidding deviations. First, the MLP model is enhanced by improving the relevancy of the hidden layers through adaptive learning, which strengthens its ability to capture nonlinear rules in input data and improves power prediction accuracy. Then, the algorithm allows for bilateral transactions between new energy producers and storage enterprise before entering the day-ahead market, helping mitigate the penalties associated with prediction errors including deviation and curtailment costs. Finally, the case study demonstrates that the feature-constrained MLP effectively improves the power prediction accuracy. Additionally, engaging in bilateral transactions with storage enterprise significantly reduces the costs incurred by new energy producers due to bid deviations.https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-2-221.shtmlnew energy power predictionfeature-constrained multi-layer perception (mlp)bilateral transaction
spellingShingle LIANG Yiheng, YANG Dongmei, LIU Gang, YE Wenjie, YANG Yize, QIAN Tao, HU Qinran
A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
Shanghai Jiaotong Daxue xuebao
new energy power prediction
feature-constrained multi-layer perception (mlp)
bilateral transaction
title A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
title_full A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
title_fullStr A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
title_full_unstemmed A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
title_short A Strategy for Smoothing Power Fluctuations of New Energy Based on Improved Power Prediction Accuracy and Market Transaction
title_sort strategy for smoothing power fluctuations of new energy based on improved power prediction accuracy and market transaction
topic new energy power prediction
feature-constrained multi-layer perception (mlp)
bilateral transaction
url https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-2-221.shtml
work_keys_str_mv AT liangyihengyangdongmeiliugangyewenjieyangyizeqiantaohuqinran astrategyforsmoothingpowerfluctuationsofnewenergybasedonimprovedpowerpredictionaccuracyandmarkettransaction
AT liangyihengyangdongmeiliugangyewenjieyangyizeqiantaohuqinran strategyforsmoothingpowerfluctuationsofnewenergybasedonimprovedpowerpredictionaccuracyandmarkettransaction