Wind Power Grid Trading System Based on Risk Management and Control

Abstract

In order to realize the purpose of power market risk management under the goal of double carbon management, this paper analyzes the basic theory of wind direction management, establishes the risk mathematical model of the whole life cycle of wind power investment, and puts forward the corresponding countermeasures. This paper formulates the rules of power market, combined with the risk of wind power participating in market transactions, proposes a new method, which carries out risk assessment of wind power participating in market transactions based on utility function. The example results show that the new method is effective, and the utility function can provide a better risk management and control scheme for wind power generators than the expected value and mean square error.