Wind power subsidy mechanism based on improved bass diffusion model

Yue Zhao; Qiuna Cai; Long Wang; Chao Gong; Ping Yang; Jiayan Cui; Hai Ye

doi:10.1117/12.3004406

25 September 2023 Wind power subsidy mechanism based on improved bass diffusion model

Yue Zhao, Qiuna Cai, Long Wang, Chao Gong, Ping Yang, Jiayan Cui, Hai Ye

Proceedings Volume 12788, Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023); 1278824 (2023) https://doi.org/10.1117/12.3004406
Event: Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023), 2023, Kuala Lumpur, Malaysia

Abstract

In order to promote the development of wind power, China has issued a subsidy policy for wind power. Due to the lack of research on the relationship between the scale of wind power development and the subsidy mechanism, the subsidy amount has become the financial burden of large wind power provinces and it is difficult to implement the subsidy, affecting the sustainable development of wind power. This paper analyses the subsidy mechanism to promote the scale development of wind power in the electricity market environment, and proposes Bass diffusion model integrating multiple subsidies. The optimal subsidy mechanism to promote the scale development of wind power is deduced by considering the total subsidy constraint and the scale development goal of wind power. The results show that the improved Bass diffusion model can quantify the impact of subsidies on the scale of wind power diffusion. Based on this, the proposed optimal comprehensive subsidy mechanism has a good role in promoting the scale development of wind power. At the same time, it can effectively control the subsidy gap, improve the subsidy efficiency, reduce the financial burden, and realize the sustainable scale development of wind power.

(2023) Published by SPIE. Downloading of the abstract is permitted for personal use only.

Citation Download Citation

Yue Zhao, Qiuna Cai, Long Wang, Chao Gong, Ping Yang, Jiayan Cui, and Hai Ye "Wind power subsidy mechanism based on improved bass diffusion model", Proc. SPIE 12788, Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023), 1278824 (25 September 2023); https://doi.org/10.1117/12.3004406

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