Research on Seasonal Calculation Method of Renewable Energy Certificate Price

  Method  Based on the optimized clearing model of the spot electric energy market， applying the theory of the life cycle costing （LCC） of RES generation and satisfying the internal rate of return （IRR） of the energy generators， we established the optimization model of coupling REC-electric energy market. Combined with the seasonal output characteristics of RES， the simulation and measurement methods of the seasonal curve and fluctuation interval of REC price are proposed.

  Result  The price of REC for different types of RES are different， and the price of REC for different types of RES also has different climatic correlations.

  Conclusion  Scientific and reasonable calculation of REC price can not only help RES generation enterprises make income assessment and more accurate investment decisions， but also provide relevant decision-making support for power market entities and trading centers.