Electricity determination mechanism for renewable energy to participate in the market

Abstract:
With the rapid development of renewable energy in China in recent years, the traditional full-amount purchase method is difficult to adapt to the power system with a high proportion of renewable energy. Therefore, it is necessary to consider renewable energy generation in power construction and establish a mechanism for renewable energy to participate in the electricity market. Renewable energy's participation in the market power determination mechanism is the basis for renewable energy's participation in the market. This paper focuses on this issue. This paper proposes a centralized mechanism for renewable energy to participate in the determination of market electricity, and compares and analyzes several mechanisms. Finally, a recommended way for renewable energy to participate in the determination of market power is proposed.