Measures for determining electricity prices for pumped storage capacity

Should electricity capacity fee and pumping-loss fee be included in the cost sharing mechanism?

Regarding the cost sharing mechanism, it is suggested that the electricity capacity fee and pumping-loss fee should be all included in the allowable transmission and distribution costs of the regional power grids, which can be further transmitted to the provincial power grids.

What is pumped Energy Storage?

ping, as in a conventional hydropower facility.With a total installed capacity of over 160 GW, pumped storage currently accounts for more than 90 percen of grid scale energy storage capacity globally. It is a mature and reliable technology capable of storing energy for daily or weekly cycles and up to months, as well as seasonal application

What is a capacity pricing model?

Zhang et al. established a capacity pricing model that considered the investment cost of marginal units during annual peak loads to truly reflect the future and marginal values of the generation capacity [ 11 ].

What is pumped hydro storage station capacity ratio?

The capacity ratio is defined as the capacity of the PHS to the WFs and PVs. The coordination relationship between the PHS capacity tariff and capacity ratio is analysed. Fig. 4. Framework for determining the capacity of the WFs and PVs coordinated with capacity tariff of the pumped hydro storage station. 3.4. Assumptions

Are pumped hydro storage stations marketable in China?

Fig. 1. Capacity development of pumped hydro storage stations in China. In China, PHS are not fully marketable because of their imperfect power market mechanisms. Therefore, a two-part tariff, including the energy and capacity tariffs, is adopted as the benefit-recovery scheme of the PHS.

Should PHES be included in the allowable cost of power transmission & distribution?

(2) Cost sharing mechanism: It is suggested the cost of PHES should be included in the allowable cost of power transmission and distribution, and be recovered together with the transmission and distribution tariff.