China has made significant progress in developing renewable energy, but challenges in integrating variable sources like wind, solar, and hydro power persist. Existing research has a regional focus and lacks a comprehensive understanding of integration challenges in specific regions. Moreover, research concentrates on individual energy types rather than multiple sources. Addressing these challenges requires a deeper analysis of market rules, incentives, and mechanisms for integrating numerous renewable energy types. The existing research also overlooks crucial aspects like energy consumption, grid planning, and power market mechanisms. To promote renewable energy integration effectively, policymakers must address these interconnected factors through comprehensive investigations and research efforts. This study proposes tailored solutions to encourage integration in China based on international experiences, such as Brazil’s contract markets and electricity redistribution mechanism, the Nordic spot market, and California’s negative pricing mechanism. The strategies derived from global practices for China’s renewable energy integration include diverse trading mechanisms, expanded contract markets, optimized local consumption, fortified grid infrastructure, and improved market mechanisms.
Reliability and vulnerability (RV) are two very important performance measures but, due to their stage-inseparable nature, they cannot be explicitly incorporated in stochastic dynamic programming (SDP), which is extensively used in reservoir operation. With inflows described as a Markov chain, a stochastic linear programming (SLP) model is formulated in this paper to explicitly incorporate the RV constraints in the reservoir operation, aimed at maximizing the expected power generation by determining the optimal scheduling decisions and their probabilities. Simulation results of the SLP and SDP models indicate the equivalence of the proposed SLP and SDP models without considering the RV constraints, as well as the strength of the SLP in explicitly incorporating the RV constraints. A simulated scheduling solution also reveals a reduction of power generation fluctuation, with the reservoir capacity emptied in advance to meet given reliability and vulnerability.