BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Department of Electrical and Computer Engineering (HKUECE) 電機與計算機工程系 - ECPv6.15.20//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-ORIGINAL-URL:https://ece.hku.hk
X-WR-CALDESC:Events for Department of Electrical and Computer Engineering (HKUECE) 電機與計算機工程系
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Asia/Hong_Kong
BEGIN:STANDARD
TZOFFSETFROM:+0800
TZOFFSETTO:+0800
TZNAME:HKT
DTSTART:20240101T000000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Asia/Hong_Kong:20250813T140000
DTEND;TZID=Asia/Hong_Kong:20250813T150000
DTSTAMP:20260511T205700
CREATED:20250807T044930Z
LAST-MODIFIED:20250808T013651Z
UID:112971-1755093600-1755097200@ece.hku.hk
SUMMARY:RPG Seminar – Incorporating Long-Term Costs of Renewable Energy Generation into Electricity Pricing
DESCRIPTION:Zoom Link: https://hku.zoom.us/j/96780307210?pwd=1wIMCFlBwNOSDiVMsEFxnVgzm5kLnn.1 \n  \nAbstract\nRenewable energy generation has almost no variable costs and is no longer suitable for marginal cost pricing. New renewable power-generating facilities have a large amount of fixed costs\, which can be determined by long-term average cost to join the final electricity price setting in the electricity market. This paper designs a price offer method that let renewable energy generators use their corresponding Levelized Cost of Electricity (LCOE) as their price offer benchmarks to participate electricity price setting. The multi-time-period optimal power flow (OPF) model including price offer benchmark for renewable energy is proposed to study the effect of long-term average cost pricing.   Results indicate that the proposed price offer benchmark can help maintain reasonable wholesale electricity price in high renewable energy penetration and create incentives for renewable energy development. It provides a way to price the electricity of future green energy system. \nSpeaker\nSpeaker: Mr. Zhang Yanning\nDepartment of Electrical and Electronic Engineering\nThe University of Hong Kong \nBiography of the Speaker\nYanning Zhang received his B.Eng. and M.Eng. Degree from the University of New South Wales. He is currently pursing a PhD degree in the Department of Electrical and Electronic Engineering\, The University of Hong Kong. His research interests include electricity market\, renewable energy generation\, electricity long-term pricing. \nOrganiser\nProf. Jin Zhong \nAll are welcome.
URL:https://ece.hku.hk/events/20250813-1/
LOCATION:Online via Zoom
CATEGORIES:Seminar
ATTACH;FMTTYPE=image/jpeg:https://ece.hku.hk/wp-content/uploads/2024/11/rpg-seminar.jpg
END:VEVENT
END:VCALENDAR