发布求助
文献互助 智能选刊 最新文献

2008 5th International Conference on the European Electricity Market最新文献

筛选
英文 中文
Theory of storage - An empirical assessment of the European natural gas market 储存理论-欧洲天然气市场的经验评估
2008 5th International Conference on the European Electricity Market Pub Date : 2008-09-01 DOI: 10.1109/EEM.2008.4579106
M. Stronzik, M. Rammersdorfer, A. Neumann
{"title":"Theory of storage - An empirical assessment of the European natural gas market","authors":"M. Stronzik, M. Rammersdorfer, A. Neumann","doi":"10.1109/EEM.2008.4579106","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579106","url":null,"abstract":"This paper analyzes the relation between European natural gas storage facilities and price patterns at major trading points. Based on the theory of storage we derive testable hypothesis imposed by the non-arbitrage condition. Following the approach developed by [1], we use the risk adjusted basis as a proxy for inventory and test whether it is more variable during winter periods. Seasonal dummy variables are introduced to control for seasonalities in the convenience yield. The results indicate that while operators of storage facilities realize seasonal arbitrage profits the overall performance is substantially distinct from the competitive benchmark.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122511782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
Dynamic games in the wholesale electricity market 电力批发市场的动态博弈
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4578998
A. Dakhlaoui
{"title":"Dynamic games in the wholesale electricity market","authors":"A. Dakhlaoui","doi":"10.1109/EEM.2008.4578998","DOIUrl":"https://doi.org/10.1109/EEM.2008.4578998","url":null,"abstract":"We analyze infinite discrete-time games between hydraulic and thermal power operators in the wholesale electricity market. Two types of games are considered: Cournot closed-loop game and Stackelberg closed-loop game. The hydraulic operator decides the production with respect to the stochastic dynamic constraint on the water stored in the dam. In contrast, the thermal plant is operated with quadratic cost function, with respect to the capacity production constraint. This paper is devoted to the numerical computations of equilibrium strategies and value function in each kind of games. We show that under imperfect competition, the hydraulic operator has a strategic storage of water in the peak season. Under Cournot closed-loop game, we show that the traditional principle of least-cost operation is inverted at the binding capacity constraint of thermal operator. Finally, under Stackelberg closed-loop game, we show that thermal operator can restrict the hydraulic output without compensation.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122071607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
MIBEL and the Market Splitting - 5th International Conference on the European electricity market MIBEL与市场分裂-第五届欧洲电力市场国际会议
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579105
J. Borges
{"title":"MIBEL and the Market Splitting - 5th International Conference on the European electricity market","authors":"J. Borges","doi":"10.1109/EEM.2008.4579105","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579105","url":null,"abstract":"The purpose of this paper is to evaluate the MIBEL (Iberian electricity market) prices and the interconnection capacity between Portugal and Spain during the first five month of Iberian market. With the formal beginning of MIBEL on 1 of July 2007, it becomes possible for any consumer in the Iberian zone to acquire electrical energy under a free competition regime, from any producer or retailer that acts in Portugal or Spain. But in this few month of MIBEL, has the price decreased? The hourly prices in Portugal and Spain are different for the most part of the days, due to market splitting. So what should be the interconnection capacity between this two countries for that the Iberian Peninsula have only one price? This paper shows the results of two scenarios simulations: the Iberian Market and a market splitting scenario (two distinct markets), in the form of prices and interconnection energy exchanges, for the analysis period of 5 months starting in July and ending in November 2007.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"127 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129719499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
Impact of the renewable energy generation on the Iberian electricity market 可再生能源发电对伊比利亚电力市场的影响
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579005
J. Lima, R. Jerónimo, T. Silva
{"title":"Impact of the renewable energy generation on the Iberian electricity market","authors":"J. Lima, R. Jerónimo, T. Silva","doi":"10.1109/EEM.2008.4579005","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579005","url":null,"abstract":"The continuous growth of environmental awareness, as well as high oil prices has increased interest in energy issues. The prospect of clean electrical energy generation has been a strategic priority of many governments that has driven to a massive investment on the renewable energy, mainly wind power. Although the process of generating electricity from renewable sources does not contribute to greenhouse gas emissions and does not suffer from depletion, the variability of the power source introduces a volatility effect that affects the required electricity amount to be produced by conventional fossil fuel power plants. Addressing the cost of electricity production, we briefly evaluate the total social cost of electricity generation for the different technologies by using a life cycle cost assessment. We focus the analysis on the Iberian market, by presenting some results considering historical data, as well as some future projections.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129881803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Promoting demand-side management and energy efficiency in Portugal 2 years of experience 在葡萄牙促进需求侧管理和能源效率2年经验
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579052
I. Apolinário, C. C. de Barros, H. Coutinho, L. Ferreira, B. Madeira, P. Oliveira, A. Trindade, P. Verdelho
{"title":"Promoting demand-side management and energy efficiency in Portugal 2 years of experience","authors":"I. Apolinário, C. C. de Barros, H. Coutinho, L. Ferreira, B. Madeira, P. Oliveira, A. Trindade, P. Verdelho","doi":"10.1109/EEM.2008.4579052","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579052","url":null,"abstract":"ERSE has established a mechanism aimed at promoting efficiency in electricity consumption called PPEC, having a yearly (2007 and 2008) implementation budget of 10 million euros, representing 0,2% of final prices. PPEC consists of a tender mechanism, by which eligible promoters submit measures to improve electricity efficiency. These measures are selected through technical and economical evaluation criteria presented in this paper.The benefits for the electricity sector and the environment from PPEC 2008 are much higher than the correspondent costs, with a ratio of 8:1 in the residential segment; 9:1 in the services segment and 7:1 in the industrial segment. From 2007 to 2008, the expected cumulative avoided consumption more than doubled from 390 GWh /144 455 tonCO2 to 878GWh / 324 794 tonCO2. The costs per ton of CO2 avoided (PPEC 2008: 9,2epsiv/MWh; PPEC 2007: 21,2epsiv/MWh) are much lower than the cost resulting from the implementation of equivalent measures in the supply side, such as the promotion of special regime generation (41,6epsiv/MWh).","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130307814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
The robustness of long-term take-or-pay contracts: What we can learn from the trade in gas between Brazil and Bolivia 长期“不接受即付”合同的坚固性:我们可以从巴西和玻利维亚之间的天然气贸易中学到什么
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579008
J. Glachant, M. Hallack
{"title":"The robustness of long-term take-or-pay contracts: What we can learn from the trade in gas between Brazil and Bolivia","authors":"J. Glachant, M. Hallack","doi":"10.1109/EEM.2008.4579008","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579008","url":null,"abstract":"On the basis of a study of long-term gas contracts, we have underscored the existence of a contract lifecycle in the case of a new relationship requiring investments in infrastructure with asset specificity. The existence of this contractual lifecycle contributes an important rational dimension to our understanding of the appearance of divergent interests and eventual conflicts between the upstream and the downstream. This lifecycle also explains the various contractual safeguard mechanisms that are most relevant to each of the different phases of the cycle.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130631653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Evaluation of energy storage devices for renewable energies integration: Application to a Portuguese wind farm 可再生能源整合的储能装置评估:在葡萄牙风电场的应用
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579112
S. Faias, P. Santos, Fernando Matos, Jorge Sousa, Rui Castro
{"title":"Evaluation of energy storage devices for renewable energies integration: Application to a Portuguese wind farm","authors":"S. Faias, P. Santos, Fernando Matos, Jorge Sousa, Rui Castro","doi":"10.1109/EEM.2008.4579112","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579112","url":null,"abstract":"This paper evaluates the benefits of energy storage systems applied to renewable intermittent sources like wind. With this objective, a 144 MW Portuguese wind farm is used as a case-study. The storage system design and evaluation processes use a computational tool developed in MatLab to simulate the wind farm operation with an energy storage system and computes the remuneration tariff. The energy storage design settles on a system of 5 MW with 30 MWh. The simulation results show a 2.1% gain in wind farm tariff and a improved adjustment on generation to the typical electricity demand curve. Considering the storage system design and an available storage technology survey, one concludes that redox flow batteries are the best suited to application, in spite of their present prices being not the most advantage.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"119 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123977188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 23
Strategic market behaviors in a simulated South African electricity market 模拟南非电力市场中的战略市场行为
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579037
Jun Yan, T. Ngcengeni
{"title":"Strategic market behaviors in a simulated South African electricity market","authors":"Jun Yan, T. Ngcengeni","doi":"10.1109/EEM.2008.4579037","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579037","url":null,"abstract":"This paper presents a comparative study on market behaviors in a proposed South African electricity market assuming two market structures. The results show that the design of market structure is essential to ensure proper competition. Market structure plays an important role on the determination of market clearing price and production. The more concentrated the market will result in higher market price. Customers are charged at an excessively high payment for electricity consumption in a more concentrated market. Overall profits in the market also vary with the change of market structure and competition models.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125722872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Modelling energy forward prices 能源远期价格建模
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579020
J. Janczura, A. Weron
{"title":"Modelling energy forward prices","authors":"J. Janczura, A. Weron","doi":"10.1109/EEM.2008.4579020","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579020","url":null,"abstract":"The main purpose of the paper is to present, how derivatives valuing methodology, known from financial and commodities markets, can be applied to the electricity market. We compare an application of three recent models. We start with the convenience yield approach, then we analyse the application of the interest rates methodology, proposed by Hinz et al. (2005). Finally, the last approach built by Bjerksund et al (2000) on direct modelling of the forward price dynamics is discussed. We also calibrate the theoretical models to the Nord Pool market data. The empirical analysis shows how these models can be used for evaluation of options prices. Moreover, data study gives an evidence of the seasonal term structure of the returns variance.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"03 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130038344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A review of the European Commission’s Impact Assessment for the third legislative package on energy markets liberalisation 对欧盟委员会关于能源市场自由化的第三个立法一揽子计划的影响评估的回顾
2008 5th International Conference on the European Electricity Market Pub Date : 2008-05-28 DOI: 10.1109/EEM.2008.4579007
J. Torriti
{"title":"A review of the European Commission’s Impact Assessment for the third legislative package on energy markets liberalisation","authors":"J. Torriti","doi":"10.1109/EEM.2008.4579007","DOIUrl":"https://doi.org/10.1109/EEM.2008.4579007","url":null,"abstract":"The EU proposal on liberalisation of the energy market has been widely debated in policy, stakeholder and academic circles both for its content and the potential consequences to the gas and electricity markets. However, little has been said about the empirical evidence produced by the European commission to support this legislative package. No research effort has been devoted to analysing the impact assessment document that accompanies the third legislative package. Since the impact assessment system has been in place, there have been concerns regarding quality and adequateness, especially when considering alternative policy options, including stakeholder opinions and quantifying costs, benefits and risks. This paper analyses how these crucial issues were factored into the impact assessment on the third legislative package. It investigates the interaction between the legislative proposals on energy liberalisation and its Impact Assessment.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130904017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信