{"title":"Capacity market as an incentive for demand response in Russia","authors":"E. Vasileva, S. Viljainen","doi":"10.1109/EEM.2014.6861282","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861282","url":null,"abstract":"Russian electricity market reform was accompanied with an implementation of a capacity market in 2008. The capacity market was designed to oblige and incentivize mainly the existing generators to invest in new generation. However, the current capacity market rules and the high capacity prices create an unintended incentive for industrial response in Russia. At present, especially the industrial consumers in Russia are facing rapidly increasing costs of electricity due to high network charges and capacity prices, while the electricity price for household consumers is regulated and subsidized. This paper discusses how industrial consumers can reduce their total electricity costs by investing in their own generation. However, if a large amount of this kind of unintended industrial demand response took place, the cost base of the current capacity market would break while the going forward costs of capacity (i.e. the payments to the generators) are locked for several years ahead with the Capacity Delivery Agreements between the generators and the Russian state.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131369566","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}
{"title":"Security constrained optimal unit commitment in balancing market","authors":"Michał Szypowski","doi":"10.1109/EEM.2014.6861312","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861312","url":null,"abstract":"The paper presents fast method of unit commitment on balancing market, which also provides system security both in steady and all N-1 contingency states. Two types of generating units were modelled: thermal steam-turbine unit and pumped-storage unit. Unit parameters were specified accordingly to available data from Polish power plants and Transmission System operator (TSO). The day-ahead balancing market was chosen because the most frequent on this market the technical requirements of the system are checked. The mixed integer linear optimization was proposed as an optimization technique, as the most promising from the literature survey. The objective linear function includes energy bids, reserve bids and start-up costs for each time interval, each market participant and each commissioned unit. The 636-bus network based on the frame of the Polish power system network, was used in the calculations. The model included 52 generator nodes with 117 units which are dispatched in the optimization process.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134082651","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}
{"title":"Optimized bidding area delimitations and their impact on electricity markets and congestion management","authors":"C. Breuer, A. Moser","doi":"10.1109/EEM.2014.6861218","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861218","url":null,"abstract":"The delimitation of bidding areas and the overall European congestion management have been heavily discussed in the recent years. Although main evaluation criteria are defined in the network code on congestion management, the question of adequate or optimized bidding area delimitations remains open. Thus, this paper presents an approach for an optimized delimitation of bidding areas based on a clustering of security-constraint nodal prices. Relevant evaluation criteria, like the level of generation and redispatch costs or the level of network security, are derived via a multi-step optimization approach. Results show, that optimized bidding area delimitations differ significantly from the current ones. However, these optimized delimitations yield only small cost savings compared to the current bidding area delimitation.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132878974","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}
{"title":"A robust investment strategy for generation capacity in an uncertain demand and renewable penetration environment","authors":"Fiona Foucault, R. Girard, G. Kariniotakis","doi":"10.1109/EEM.2014.6861240","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861240","url":null,"abstract":"With the growing environmental and energetic concern, the issue of adapting our energy systems is paramount. This paper deals with the issue of new optimal energy mixes in a high renewable energy share context, and capacity investment in such a framework. We use the “screening curve” method to determine competitors' investments and deduce the benefit of a conventional generator. This work is carried out using a robust approach i.e. we determine a threshold of benefit we want to reach with a defined probability no matter the actual demand and renewable penetration. To determine this solution, we consider four demand scenarii and levels of installed capacity both for wind and for photovoltaic energy. This work is undertaken for the French case. Some results are shown for a coal power plant with 2030 scenarii for demand, wind and solar capacity.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"10 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124164449","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}
S. Rossi, F. Careri, G. Migliavacca, O. Ozdemir, M. van Hout
{"title":"Linear estimation approach for including strategic competition in market simulations","authors":"S. Rossi, F. Careri, G. Migliavacca, O. Ozdemir, M. van Hout","doi":"10.1109/EEM.2014.6861296","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861296","url":null,"abstract":"The present paper proposes an empirical approach for including the effect of strategic competition in market simulation, avoiding the use of time consuming game theoretical models. The methodology is based on a linear estimation of the Lerner Index, that is a common measurement for price mark up, depending on the Residual Supply Index values of the strategic suppliers. The empirical model is estimated on data from four European markets. The proposed methodology is applied to a small didactical example.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124433727","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}
S. Sarabi, Anouar Bouallaga, A. Davigny, B. Robyns, V. Courtecuisse, Y. Riffonneau, Martin Regner
{"title":"The feasibility of the ancillary services for Vehicle-to-grid technology","authors":"S. Sarabi, Anouar Bouallaga, A. Davigny, B. Robyns, V. Courtecuisse, Y. Riffonneau, Martin Regner","doi":"10.1109/EEM.2014.6861251","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861251","url":null,"abstract":"This paper explores the feasibility of electric vehicle contribution to the grid ancillary services. Thanks to a probabilistic approach, the technical possibilities of Vehicle-to-grid ancillary services are assessed. Different scenarios with respect to the number of EVs fleet and commuting behavior have been generated to assess the possibility of grid service support in sense of power, energy and appropriate time interval. Each scenario is dedicated to proper ancillary service, where the economic interest for each service has been discussed.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123483157","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}
E. Bakirtzis, A. Ntomaris, E. G. Kardakos, C. K. Simoglou, P. Biskas, A. Bakirtzis
{"title":"A unified unit commitment — Economic dispatch model for short-term power system scheduling under high wind energy penetration","authors":"E. Bakirtzis, A. Ntomaris, E. G. Kardakos, C. K. Simoglou, P. Biskas, A. Bakirtzis","doi":"10.1109/EEM.2014.6861258","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861258","url":null,"abstract":"This paper presents a unified unit commitment and economic dispatch tool for the short-term scheduling of a power system under high renewable penetration. The proposed model uses variable time resolution and scheduling horizon extended up to 36 hours ahead and produces robust real-time decisions making the short-term operation of the power system almost insensitive to RES forecast errors. The proposed model is tested for a monthly period on the Greek interconnected power system using real load and wind power data for two different wind penetration levels. Simulation results show that the proposed methodology allows for the accommodation of large amounts of wind energy into the short-term scheduling of the power system at minimum cost.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132057254","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}
C. Concha, J. D. de Haan, A. Virag, M. Gibescu, W. Kling
{"title":"Towards a pan-European energy balancing market: Exercise on coupling the United Kingdom and Continental Europe","authors":"C. Concha, J. D. de Haan, A. Virag, M. Gibescu, W. Kling","doi":"10.1109/EEM.2014.6861278","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861278","url":null,"abstract":"Increasing levels of wind power generation in the coming years will displace conventional generation, impacting the need for balancing reserves. The upcoming integration of pan-European balancing markets seeks to increase collaboration between areas for optimal provision of services. The challenge of increased variability due to wind and other renewables could be tackled by the exchange of balancing services among regional groups within the larger interconnected system. In this work, load-frequency control models of the United Kingdom and Continental Europe were developed in the MATLAB/Simulink environment and a worst-case event for the UK in the year 2020 is chosen for analysis. Fast control actions are then exchanged between the power systems of UK and Continental Europe. The performance of the coupled system in terms of frequency deviation is evaluated and compared to the decoupled situation. The results show that the frequency response improves, with lower maximum deviations. A cross-border balancing arrangement also leads to less deployment of reserves for UK.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121327150","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}
{"title":"Quantifying the effects of different support policies for renewables on European electricity markets","authors":"J. Winkler, M. Klobasa","doi":"10.1109/EEM.2014.6861206","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861206","url":null,"abstract":"Shares of renewables in European electricity markets are increasing based on different support policies. The paper discusses to what degree the design of these policies and their implementation on a European level impacts the type and quantity of effects that renewables have on electricity markets. Contrary to initial expectations simulations show that the (theoretically more market-oriented) quota scheme does not necessarily have less impact on market prices than a feed-in tariff or a feed-in premium. The most important driver for all effects is however unsurprisingly the overall share of renewables in the electricity mix. The effects can be substantially mitigated by expanding the European grid infrastructure: higher interconnector capacities allow for a less volatile market environment. The influence of the support scheme on the bidding behaviour of renewables was however not taken into account in the analysis.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"170 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122290654","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}
{"title":"Market valuation of a hypothetical pump-hydro storage plant in the Italian power system","authors":"Amanda Spisto","doi":"10.1109/EEM.2014.6861302","DOIUrl":"https://doi.org/10.1109/EEM.2014.6861302","url":null,"abstract":"This study assesses the profitability of an investment in a pump hydro storage plant (PHS) located in Italy. We model in GAMS the operation of a price-taker PHS during nine years, from 2005 to 2013. Results show positive operation profits in all regions, with the highest results being recorded by the geographical zones SICI and SARD. The NPV analysis shows negative values though, ranging between -148 €/MWh and -75 €/MWh, for the storage investments in all regions. This result might be due to several factors. In general arbitrage profits are higher in correspondence to big price spreads. In Italy, although maximum prices are quite high with respect to other European countries, minimum price levels are also high, which leads to high operation costs and worst business case for storage investment. The study deserves further investigation of the strategic role of storage at system level to include wider benefits to the overall market assessment.","PeriodicalId":261127,"journal":{"name":"11th International Conference on the European Energy Market (EEM14)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121593769","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}