Electric Power ›› 2024, Vol. 57 ›› Issue (2): 202-211.DOI: 10.11930/j.issn.1004-9649.202304028

• Technology and Economics • Previous Articles     Next Articles

Influence Mechanism of Time-of-Use Electricity Prices on Industry Load Characteristics Based on Multi-dimensional Price Elasticity Coefficient Matrix

Wensheng TANG1(), Yang WANG1(), Yu ZHANG2(), Xiyang LIU3(), Qingkun TAN2(), Peng WU2(), Songsong CHEN4(), Jing YANG5()   

  1. 1. State Grid Corporation of China, Beijing 100031, China
    2. State Grid Energy Research Institute Co., Ltd., Beijing 102209, China
    3. Big Data Center of State Grid Corporation of China, Beijing 100052, China
    4. China Electric Power Research Institute Co., Ltd., Beijing 100192, China
    5. Customer Service Center of State Grid Corporation of China, Tianjin 300309, China
  • Received:2023-04-06 Accepted:2023-07-05 Online:2024-02-23 Published:2024-02-28
  • Supported by:
    This work is supported by Science and Technology Project of SGCC (Research and Application of Precise Load Assessment and Regulation Technology to Support New Power Systems, No.5108-202218280A-2-0-XG).

Abstract:

Based on the load curves of fixed user groups of various industries in 23 provinces, a multi-dimensional price elasticity coefficient is proposed to evaluate the impact of time-of-use electricity price adjustment on the peak and valley electricity consumption of various industries in various provinces, and the sensitivity of peak-valley power demand to multi-dimensional price indicators is analyzed. The multi-dimensional price elasticity coefficient was used to quantitatively evaluate the sensitivity of the three-dimensional power indicators of various industries in different regions, including reducing peak electricity, increasing valley electricity and reducing the load peak-valley difference rate, to the three-dimensional price indicators, including increasing the peak electricity price, reducing the valley electricity price and increasing the peak-to-valley electricity price ratio. The time-of-use electricity price optimization and adjustment strategies can be proposed for different regions, industries and time periods according to the analytical results of multi-dimensional price elasticity coefficient.

Key words: time-of-use electricity prices, price elasticity coefficient, load peak-to-valley difference, peak-to-valley power transfer, industry load