{"id":"https://openalex.org/W4391216438","doi":"https://doi.org/10.1109/ispec58282.2023.10402961","title":"A Capacity Compensation Mechanism for Long-term Energy Storage in Spot Market","display_name":"A Capacity Compensation Mechanism for Long-term Energy Storage in Spot Market","publication_year":2023,"publication_date":"2023-11-28","ids":{"openalex":"https://openalex.org/W4391216438","doi":"https://doi.org/10.1109/ispec58282.2023.10402961"},"language":"en","primary_location":{"id":"doi:10.1109/ispec58282.2023.10402961","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/ispec58282.2023.10402961","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE Sustainable Power and Energy Conference (iSPEC)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5104234091","display_name":"Jiangyi Hu","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jiangyi Hu","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100427179","display_name":"Haoyu Wang","orcid":"https://orcid.org/0000-0002-2124-3453"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Haoyu Wang","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5077500028","display_name":"Qiang Xiao","orcid":"https://orcid.org/0000-0001-7498-8283"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Qiang Xiao","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5031404884","display_name":"Shiling Zhang","orcid":"https://orcid.org/0000-0002-1580-2116"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Shiling Zhang","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101427256","display_name":"Qian Zhou","orcid":"https://orcid.org/0000-0001-7964-8130"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Qian Zhou","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5103069183","display_name":"Fan Ye","orcid":"https://orcid.org/0000-0002-8371-5436"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Fan Ye","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100675022","display_name":"Mi Zhang","orcid":"https://orcid.org/0000-0003-2096-7713"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Mi Zhang","raw_affiliation_strings":["State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"State Grid Chongqing Electric Power Co. Ltd Economic Technology Institute,Chongqing,China,01121","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.3115285,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"44","issue":null,"first_page":"1","last_page":"6"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10223","display_name":"Microgrid Control and Optimization","score":0.9922000169754028,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T14444","display_name":"Power Systems and Renewable Energy","score":0.9861000180244446,"subfield":{"id":"https://openalex.org/subfields/2102","display_name":"Energy Engineering and Power Technology"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/compensation","display_name":"Compensation (psychology)","score":0.5636301040649414},{"id":"https://openalex.org/keywords/term","display_name":"Term (time)","score":0.5161884427070618},{"id":"https://openalex.org/keywords/spot-market","display_name":"Spot market","score":0.5025596618652344},{"id":"https://openalex.org/keywords/spot-contract","display_name":"Spot contract","score":0.49967002868652344},{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.47143712639808655},{"id":"https://openalex.org/keywords/mechanism","display_name":"Mechanism (biology)","score":0.46852418780326843},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3908163607120514},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.23784655332565308},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.20673668384552002},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.11209535598754883},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.09721383452415466},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.07958176732063293},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.07492294907569885}],"concepts":[{"id":"https://openalex.org/C2780023022","wikidata":"https://www.wikidata.org/wiki/Q1338171","display_name":"Compensation (psychology)","level":2,"score":0.5636301040649414},{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.5161884427070618},{"id":"https://openalex.org/C2776789725","wikidata":"https://www.wikidata.org/wiki/Q1572221","display_name":"Spot market","level":3,"score":0.5025596618652344},{"id":"https://openalex.org/C175223733","wikidata":"https://www.wikidata.org/wiki/Q1047888","display_name":"Spot contract","level":3,"score":0.49967002868652344},{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.47143712639808655},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.46852418780326843},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3908163607120514},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.23784655332565308},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.20673668384552002},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.11209535598754883},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.09721383452415466},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.07958176732063293},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.07492294907569885},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C11171543","wikidata":"https://www.wikidata.org/wiki/Q41630","display_name":"Psychoanalysis","level":1,"score":0.0},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/ispec58282.2023.10402961","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/ispec58282.2023.10402961","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE Sustainable Power and Energy Conference (iSPEC)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.8199999928474426,"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320335967","display_name":"Science and Technology Project of State Grid","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":6,"referenced_works":["https://openalex.org/W2754499935","https://openalex.org/W2765847801","https://openalex.org/W2899642659","https://openalex.org/W2996263883","https://openalex.org/W2996801915","https://openalex.org/W4362699530"],"related_works":["https://openalex.org/W2086784031","https://openalex.org/W2031569822","https://openalex.org/W4396783951","https://openalex.org/W3122391918","https://openalex.org/W2029612111","https://openalex.org/W1993495500","https://openalex.org/W3124419189","https://openalex.org/W758815957","https://openalex.org/W2050341852","https://openalex.org/W2027536868"],"abstract_inverted_index":{"Long-term":[0],"energy":[1,8,12,76],"storage,":[2,35,113,138],"with":[3,169],"its":[4,167],"ability":[5],"for":[6,99,177],"long-duration":[7],"storage":[9,55,66,144,164],"and":[10,25,31,61,67,92,108,120,175],"seasonal":[11,20],"transfer,":[13],"is":[14,37,157],"considered":[15],"a":[16,94,139,178],"solution":[17],"to":[18,39],"the":[19,23,29,47,74,104,114,117,126,134,146,152,170],"mismatch":[21],"between":[22],"source":[24],"load.":[26],"To":[27,79,132],"promote":[28],"development":[30],"investment":[32,48],"in":[33,145],"long-term":[34,51,54,85,100,112,137,143,163],"it":[36],"essential":[38],"examine":[40],"market":[41,77,148],"approaches":[42],"that":[43,162],"can":[44,68,165],"help":[45],"recover":[46,70,166],"costs":[49],"of":[50,88,111,136,142],"storage.":[52,101],"However,":[53],"systems":[56],"experience":[57],"far":[58],"fewer":[59],"charging":[60],"discharging":[62],"cycles":[63],"than":[64],"short-term":[65],"hardly":[69],"their":[71],"cost":[72,168],"from":[73],"current":[75],"mechanisms.":[78],"this":[80,82],"end,":[81],"paper":[83],"utilizes":[84],"storage\u2019s":[86],"capability":[87],"providing":[89],"capacity":[90,96,118,154,172],"support":[91],"proposes":[93],"novel":[95],"compensation":[97,122,155,173],"mechanism":[98,115,156,174],"By":[102],"considering":[103,151],"monthly":[105],"average":[106],"charge":[107],"discharge":[109],"power":[110],"calculates":[116],"contribution":[119],"gives":[121],"revenue":[123],"based":[124],"on":[125],"nodal":[127],"price":[128],"during":[129],"peak":[130],"periods.":[131],"guide":[133],"construction":[135],"planning":[140],"model":[141],"spot":[147],"environment":[149],"while":[150],"proposed":[153,171],"formulated.":[158],"Test":[159],"cases":[160],"show":[161],"operate":[176],"long":[179],"time.":[180]},"counts_by_year":[],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}