Constraint relaxation-based day-ahead market mechanism design to promote the renewable energy accommodation

With the high penetration of renewable energy, such as hydro, wind and solar, curtailment is a serious issue in some regions, such as China. The key issue is lacking of flexibility, primarily due to the limited dispatchable range of thermal generators. There is an urgent need to expand the dispatchable range to promote the renewable energy accommodation. To this end, a new constraint relaxation-based day-ahead market mechanism is proposed. The...