Special Session 1: Operation Mechanisms and Key Technologies for Green-Economic-Secure Coordination in Power Markets under High Renewable Energy Penetration

Chair: Engineer Jiang Chang, China Electric Power Research Institute, China

Chang Jiang, Master of Engineering, currently a doctoral student (on-the-job status), Engineer. He serves as an Engineer at the China Electric Power Research Institute. He has long been engaged in research and practice related to electricity market operations and multi-level market coordination. He spearheaded the construction and operation of the inter-provincial spot market and has led or participated in projects funded by China’s National Key R&D Program and the science and technology programs of the State Grid Corporation of China. His research findings have been demonstrated and applied in numerous power dispatching centers.  

Co-chair: Dr. Mingxu Xiang, Chongqing University, China

Mingxu Xiang received the PhD. degree in electrical engineering from Chongqing University, Chongqing, China in 2022. He is currently an Associate Research Fellow at Chongqing University. His research interests include power system operation and electricity market. He has published over 20 papers and headed 9 projects, including National Natural Science Foundation of China Project, Science and Technology Project of Power Grid Company, etc.  

Co-chair: Engineer Shuyan Zhang, China Electric Power Research Institute, China

Zhang Shuyan is an engineer at China Electric Power Research Institute. Her research primarily focuses on electricity market. She has been actively involved in multiple prestigious research initiatives, including projects funded by China’s National Key R&D Program and the science and technology programs of the State Grid Corporation of China. She is pleased to serve as a Special Session Co-Chair for this event.  

The deepening of the global energy transition has led to a continuous increase in the penetration of new energy sources, predominantly wind and photovoltaic power. This trend is fundamentally transforming the operational characteristics of power systems. In this context, electricity markets face the severe challenge of synergistic optimization across multiple objectives: ensuring the accommodation of high proportions of renewable energy to achieve “Green” goals, maintaining supply-demand balance and frequency stability to secure “Safety” baselines, and guiding resource allocation through reasonable price signals to realize “Economic” efficiency. Traditional market operation mechanisms often focus on single objectives and struggle to adapt to complex scenarios characterized by strong uncertainty and weak disturbance resistance following high renewable energy integration.
This Special Session aims to explore the theoretical foundations and key technological breakthroughs for the synergistic operation of Green, Economic, and Security objectives. We focus on how to unleash the potential of flexible resources through market mechanism design, construct a joint market architecture for energy and ancillary services adapted to renewable energy characteristics, and utilize digital means to improve the intelligence level of multi-objective collaborative decision-making. We cordially invite contributions from academia and industry experts to jointly explore the theoretical system and technical pathways for electricity market operation in the context of new power systems.

Topics of Interest (including but not limited to):
1.Synergistic Operation Theory: Conflict coordination and synergistic evolution mechanisms of the Green-Economic-Security multi-objective framework.
2.Market Mechanism Design: Coordinated design of energy markets, ancillary service markets, and capacity mechanisms adapted to high renewable energy penetration.
3.Security Pricing Technologies: Market clearing algorithms under system security constraints, quantification of security costs, and pricing mechanisms.
4.Flexible Resource Trading: Market strategies and business models for energy storage, demand response, and virtual power plants participating in system regulation.
5.Intelligent Decision Technologies: Big data analysis, intelligent optimization algorithms, and risk management technologies for electricity markets facing multi-dimensional coordination objectives.