State-of-the-art short-term electricity market operation with solar generation: A review

Yin, Shengfei; Wang, Jianhui; Li, Zhengshuo; Fang, Xin

doi:10.1016/j.rser.2020.110647

Title: State-of-the-art short-term electricity market operation with solar generation: A review

Journal Article · Thu Dec 17 00:00:00 EST 2020 · Renewable and Sustainable Energy Reviews

DOI:https://doi.org/10.1016/j.rser.2020.110647· OSTI ID:1762477

Yin, Shengfei ^[1]; Wang, Jianhui ^[1]; Li, Zhengshuo ^[1];

^[2]

Southern Methodist Univ., Dallas, TX (United States)
National Renewable Energy Lab. (NREL), Golden, CO (United States)

With the accelerating penetration of solar energy in energy systems, market operations concerning the solar-associated intermittency are widely discussed. How to correctly model the solar generation in the market and solve the uncertainty-based operation problems call for solutions. Unlike other renewable resources, solar power can be more easily applied to the demand side through behind-the-meter installations in a distributed manner with significant future extensibility. The corresponding operational rules in the markets are largely being revised. Over the past two decades, with the development of deregulated power markets, numerous studies related to uncertainty-based market operations tend to transform the market from a deterministic and centralized framework to a stochastic and decentralized one. As the relevant literature is most recent, this paper reviews their contributions to electricity market operations with solar integration and underlines the research directions of this topic and ongoing industry practices. A thorough review of the electricity markets worldwide with solar energy is provided. A variety of proposed mathematical solutions to the problem are also addressed.

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Research Organization:: National Renewable Energy Lab. (NREL), Golden, CO (United States)

Sponsoring Organization:: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office

Grant/Contract Number:: DE-AC36-08GO28308

OSTI ID:: 1762477

Alternate ID(s):: OSTI ID: 1780336

Report Number(s):: NREL/JA-5D00-78560; MainId:32477; UUID:056ba81b-9aca-42d6-8d62-fc3540fff10c; MainAdminID:19201

Journal Information:: Renewable and Sustainable Energy Reviews, Vol. 138; ISSN 1364-0321

Publisher:: ElsevierCopyright Statement

Country of Publication:: United States

Language:: English

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Title: State-of-the-art short-term electricity market operation with solar generation: A review

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