Formulation of Locational Marginal Electricity-carbon Price in Power Systems

Junlong Li; Yue Xiang; Chenghong Gu; Wei Sun; Xiangyu Wei; Shuang Cheng; Junyong Liu

doi:10.17775/CSEEJPES.2021.06400

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Formulation of Locational Marginal Electricity-carbon Price in Power Systems

Regular Papers | 更新时间：2026-10-15

- Formulation of Locational Marginal Electricity-carbon Price in Power Systems
- CSEE Journal of Power and Energy Systems Vol. 9, Issue 5, Pages: 1968-1972(2023)
- 作者机构：
  
  1. Department of Electronic and Electrical Engineering, University of Bath,Bath,UK
  2. College of Electrical Engineering, Sichuan University,Chengdu,China
  3. School of Engineering, University of Edinburgh,Edinburgh,UK
- 作者简介：
- 基金信息：
- DOI：10.17775/CSEEJPES.2021.06400
  CLC：
- Published：01 September 2023
- 稿件说明：
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Junlong Li, Yue Xiang, Chenghong Gu, et al. Formulation of Locational Marginal Electricity-carbon Price in Power Systems[J]. CSEE Journal of Power and Energy Systems, 2023, 9(5): 1968-1972.
DOI：

Junlong Li, Yue Xiang, Chenghong Gu, et al. Formulation of Locational Marginal Electricity-carbon Price in Power Systems[J]. CSEE Journal of Power and Energy Systems, 2023, 9(5): 1968-1972. DOI： 10.17775/CSEEJPES.2021.06400.

摘要

Abstract

Decarbonisation of power systems is essential for realising carbon neutrality

in which the economic cost caused by carbon needs to be qualified. Based on the formulation of locational marginal price (LMP)

this paper proposes a locational marginal electricity-carbon price (EC-LMP) model to reveal carbon-related costs caused by power consumers. A carbon-price-integrated optimal power flow (C-OPF) is then developed to maximise economic efficiency of the power system considering the costs of electricity and carbon. Case studies are presented to demonstrate the new formulation and results demonstrate the efficacy of the EC-LMP-based C-OPF on decarbonisation and economy.

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