ABSTRACT
In the recent years, with the development of green finance, investors and government pay more attention to the renewable energy development all over the world. As main part of usable energy, electricity industry will certainly be affected deeply by renewable energy in the future. This paper tries to give a macro analysis about how the electric power future market impacted by the renewable energy and suggests that Arbitraging and speculation for investors and financial institutions in the short term is supposed to operated according to the production of fossil energy based power generation and the demand of electricity related to industry development and economic situation. In the medium and long term, if renewable energy based power generation develops into majority, in the short-term fluctuation, position ought to be bought in accordance with weather and climate forecast; in the long-term price movements, position should be bought before major technical research results in renewable energy based power generation.
- Energy Information Administration. 2016. International Energy Outlook 2016.U.S. Washington, USA.Google Scholar
- Mora-Florez J, Melendez J, Carrillo-Caicedo G. 2008. Comparison of impedance based fault location methods for power distribution systems. Electric Power Systems Research, 78(4): 657--666.Google ScholarCross Ref
- REN21 Community. 2016. Renewables 2016 Global Status Report. Paris, France.Google Scholar
- BP Statistical Review of World Energy, BP p.l.c., London, UK, 2016.Google Scholar
- Renewables 2016 Global Status Report Key Findings, REN21 Community, Paris, France, 2016.Google Scholar
- Bretas A S, Salim R H. 2006. Fault location in unbalanced DG systems using the positive sequence apparent impedance. IEEE Power Transmission Distribution Conference. Latin America, 1--6.Google ScholarCross Ref
- Nunes JUN, Bretas A S. 2010. Impedance-based fault location formulation for unbalanced primary distribution systems with distributed generation. Power System Technology Conference. Hangzhou, 24--28.Google ScholarCross Ref
- Luo Chaowei, Hua Fen & Shen Hongyan. 2011.Research and implementation of Intelligent Power system fault isolation strategies. Microcomputer information, 27(4): 177--179 (in Chinese).Google Scholar
- Liu Chen-Ching. 2004. Strategic Power Infrastructure Defense. IEEE Power Engineering Society General Meeting, USA.Google Scholar
- Wang Mingjun. 2007. Self-Healing Grid and Distributed Energy Resource. Power System Technology, 31(6): 1--7 (in Chinese).Google Scholar
- Liu Ming & He Guangyu, Shen Chen, et al. 2006. Brief introduction to the IECSA project. Automation of Electric Power Systems, 30 (13): 99--104 (in Chinese).Google Scholar
- Wang Mingjun. 2005. Hidden failure, vulnerability and adaptability of relaying automations in large interconnected power systems. Electric Power Automation Equipment, 5(3): 1--4(in Chinese).Google Scholar
Index Terms
- Macro Analysis of Renewable Energy Impacting on the Electric Power Future Market in the World
Recommendations
Optimal endogenous carbon taxes for electric power supply chains with power plants
In this paper, we develop a modeling and computational framework that allows for the determination of optimal carbon taxes applied to electric power plants in the context of electric power supply chain (generation/distribution/consumption) networks. The ...
Grid-Connected Electric-Power Control Algorithm for Promoting the Introduction of Renewable Energy
INCOS '14: Proceedings of the 2014 International Conference on Intelligent Networking and Collaborative SystemsThe importance of renewable energy generation is increasing with the increasing demand for energy sources that can serve as alternatives to the current major energy sources. Thus, various types of renewable energy generation, such as photovoltaics, are ...
An efficient short-term energy management system for a microgrid with renewable power generation and electric vehicles
AbstractAccording to statistical reports, thermal power plants have long played a critical role in supplying electricity using fossil fuels. However, due to the high investment and operation costs of these power plants and their destructive effects on the ...
Comments