System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China

This paper focuses on the impacts of renewable energy policy on a large-scale power generation system, including thermal power, hydropower, and wind power generation. As one of the most important clean energy, wind energy has been rapidly developed in the world. But in recent years there is a seriou...

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Main Author: Linna Hou
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2015/475461
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author Linna Hou
author_facet Linna Hou
author_sort Linna Hou
collection DOAJ
description This paper focuses on the impacts of renewable energy policy on a large-scale power generation system, including thermal power, hydropower, and wind power generation. As one of the most important clean energy, wind energy has been rapidly developed in the world. But in recent years there is a serious waste of wind power equipment and investment in China leading to many problems in the industry from wind power planning to its integration. One way overcoming the difficulty is to analyze the influence of wind power policy on a generation system. This paper builds a system dynamics (SD) model of energy generation to simulate the results of wind energy generation policies based on a complex system. And scenario analysis method is used to compare the effectiveness and efficiency of these policies. The case study shows that the combinations of lower portfolio goal and higher benchmark price and those of higher portfolio goal and lower benchmark price have large differences in both effectiveness and efficiency. On the other hand, the combinations of uniformly lower or higher portfolio goal and benchmark price have similar efficiency, but different effectiveness. Finally, an optimal policy combination can be chosen on the basis of policy analysis in the large-scale power system.
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institution Kabale University
issn 1026-0226
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publishDate 2015-01-01
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series Discrete Dynamics in Nature and Society
spelling doaj-art-56c9774056ca47088fa12cb09e670f072025-02-03T01:02:00ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2015-01-01201510.1155/2015/475461475461System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in ChinaLinna Hou0School of Management, Xi’an Jiaotong University, Xi’an, Shaanxi 710049, ChinaThis paper focuses on the impacts of renewable energy policy on a large-scale power generation system, including thermal power, hydropower, and wind power generation. As one of the most important clean energy, wind energy has been rapidly developed in the world. But in recent years there is a serious waste of wind power equipment and investment in China leading to many problems in the industry from wind power planning to its integration. One way overcoming the difficulty is to analyze the influence of wind power policy on a generation system. This paper builds a system dynamics (SD) model of energy generation to simulate the results of wind energy generation policies based on a complex system. And scenario analysis method is used to compare the effectiveness and efficiency of these policies. The case study shows that the combinations of lower portfolio goal and higher benchmark price and those of higher portfolio goal and lower benchmark price have large differences in both effectiveness and efficiency. On the other hand, the combinations of uniformly lower or higher portfolio goal and benchmark price have similar efficiency, but different effectiveness. Finally, an optimal policy combination can be chosen on the basis of policy analysis in the large-scale power system.http://dx.doi.org/10.1155/2015/475461
spellingShingle Linna Hou
System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
Discrete Dynamics in Nature and Society
title System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
title_full System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
title_fullStr System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
title_full_unstemmed System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
title_short System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China
title_sort system dynamics simulation of large scale generation system for designing wind power policy in china
url http://dx.doi.org/10.1155/2015/475461
work_keys_str_mv AT linnahou systemdynamicssimulationoflargescalegenerationsystemfordesigningwindpowerpolicyinchina