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Table 2 Cost–benefit comparison (Million RMB)

From: Bi-level optimization based two-stage market clearing model considering guaranteed accommodation of renewable energy generation

 

Scenario 1

Scenario 2

Scenario 3

Scenario 4

 

Cost

Profit

Social welfare

Cost

Profit

Social welfare

Cost

Profit

Social welfare

Cost

Profit

Social welfare

G1

225.39

399.79

843.99

167.43

363.43

833.25

205.67

623.59

759.70

166.71

558.87

118.78

G2

200.47

771.46

141.3

655

205.65

1247.37

141.30

987.42

G3

416.89

961.81

247.87

813.86

398.66

1651.28

248.87

1257.09

G4

0

0

0

0

0

0

0

0

G5

2240.00

1331.43

3171.95

1382.67

2234.88

627.98

3686.04

52.24

G6

1287.78

688.77

2196.32

596.46

0

0

0

0

G7

0

0

0

0

2340.00

36.89

2487.96

83.31

G8

1091.29

225.00

1096.21

225.47

0

0

0

0