{"title":"Daily Marginal CO2 Emissions Reductions from Wind and Solar Generation","authors":"M. Jansen, I. Staffell, R. Green","doi":"10.1109/EEM.2018.8469873","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469873","url":null,"abstract":"This paper estimates the half-hourly and daily CO2emissions from electricity generation in Britain, and the influence that wind and solar output has on these. Emissions are inferred from the output of individual plants and their expected efficiency, accounting for the penalty of part-loading thermal generators. Empirical Willans lines are created for typical coal, oil and combined-cycle gas generators from the US CEMS database, giving the first fully-empirical treatment of the British power system. We compare regressions of half-hourly and daily emissions to estimate the impact of plant start-ups, which may not occur in the specific hours when wind and solar output drops, and thus may be mis-identified in half-hourly regressions. Our preliminary findings show that dynamic plant efficiency may reduce the carbon savings from wind by 5-12% and for solar by 0-6%. The effect is strengthening with increasing penetration.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128376060","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":"Nodal Pricing Applied to Imbalance Settlement: Issues for Implementation in Zonal Markets","authors":"A. Zani, S. Rossi","doi":"10.1109/EEM.2018.8469842","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469842","url":null,"abstract":"This paper aims at analyzing the particular but really important issue of balancing market: the definition of the imbalance prices in relation to the imbalance settlement, i.e. the financial settlement mechanism aiming at charging or paying Balance Responsible Parties (BRPs) for their Imbalances for each Imbalance Settlement Period. It is important to deepen this aspect because nowadays in the existing energy markets there are different approaches in order to calculate imbalance prices, and clearly a right imbalance price definition is necessary for a correct cost reflective allocation between BRPs of costs of real time energy. In any electricity market, the imbalance settlement is a crucial point of the whole market chain and its regulation would impact on the strategies adopted by market operators in the markets before the real time. As the imbalances deal with the physical delivery of the energy, for a correct settlement it is important to reflect all the network constraints that affect the balancing energy exchanges. For this reason in this paper we focus on the application of nodal pricing to the imbalance settlement, taking into account issues for the implementation in zonal markets.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130437753","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":"Overview of the Regulation on Aggregator Agents in Europe","authors":"M. Barbero, Lucia Igualada, C. Corchero","doi":"10.1109/EEM.2018.8470015","DOIUrl":"https://doi.org/10.1109/EEM.2018.8470015","url":null,"abstract":"Demand Response (DR) mechanisms promise to increase competition in the electricity sector and grid's reliability. Balancing and ancillary services could be offered by consumers for frequency balances but a new actor is necessary: demand aggregator. However, new challenges appear for systems operator (SO) when handling generators and consumers coexisting in the same market. Furthermore, aggregators need to create a reliable business model, being able to combine the grid's request and assuring revenues for their clients and themselves. So, how are European countries facing this challenge? This work reviews technical requirements and the legislative framework of five different regions in Europe: Belgium, France, Nordic Countries, Germany and Great Britain. The aim is to describe the measures that SOs are taking in order to allow and ease DR penetration. Comparing different markets allows for the identification of winning policies and remaining market barriers.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"6 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129680679","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":"Impact of Current Market Developments in Europe on Deterministic Grid Frequency Deviations and Frequency Restauration Reserve Demand","authors":"T. Weissbach, Simon Remppis, H. Lens","doi":"10.1109/EEM.2018.8469210","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469210","url":null,"abstract":"Particularly on the hour, significant grid frequency deviations can be observed in continental Europe. These deviations are deterministic and caused by large power imbalances. The latter are mainly caused by the difference between the continuous load and the stepwise changes in power plant schedules resulting from electricity trading based on hourly products. Deterministic frequency deviations are undesirable, because they lead to significant activation of balancing reserves. Therefore, several remedial actions have been implemented in order to mitigate the deterministic frequency behavior, such as the introduction of ¼-h-products in intraday markets, tighter regulation for balance responsible parties, and harmonization of EU guidelines. In this paper, the effectiveness of these actions is analyzed and the development of the frequency behavior since their implementation is evaluated. Moreover, current trends and underlying causes are presented, together with further possible measures that may be required in the future.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"290 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134045542","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}
M. Farrokhseresht, N. Paterakis, M. Gibescu, J. Slootweg
{"title":"Participation of a Combined Wind and Storage Unit in the Day-ahead and Local Balancing Markets","authors":"M. Farrokhseresht, N. Paterakis, M. Gibescu, J. Slootweg","doi":"10.1109/EEM.2018.8469877","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469877","url":null,"abstract":"In this paper, the market participation of an independent energy producer owning a combined wind generator-energy storage system (WG-ESS) connected to the distribution network is considered. A mathematical model for the profit maximization of the WG-ESS participating strategically in wholesale day-ahead and local balancing markets (LBMs) is proposed. We assume that in a future dominated by uncertainty and variability from distributed renewable energy sources, such a LBM, to be operated by a new entity called distribution market operator (DMO) will evolve. A stochastic bi-level optimization algorithm is adopted, where the WG-ESS maximizes its profit in the day-ahead market and the DMO-operated LBM. The results show that the strategic decisions of the WG-ESS in multiple markets significantly change compared to a single DA energy-only market.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133514292","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":"Scarcity Indices for the European Electricity Markets","authors":"R. Beune, Alexander Dusolt","doi":"10.1109/EEM.2018.8469853","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469853","url":null,"abstract":"This paper describes and demonstrates indicators that have been developed on the basis of the data available on ENTSO-E”s transparency platform and it discusses the market information that can be derived from them. The paper demonstrates how the indices that are developed provide for the unique possibility to continuously oversee the short-term European market situation in its entirety. It discusses the suitability of a domestic supply margin to reflect market prices.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"260 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133535614","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}
M. Farrokhseresht, N. Paterakis, M. Gibescu, Y. Tohidi, J. Slootweg
{"title":"A Survey on the Participation of Distributed Energy Resources in Balancing Markets","authors":"M. Farrokhseresht, N. Paterakis, M. Gibescu, Y. Tohidi, J. Slootweg","doi":"10.1109/EEM.2018.8469948","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469948","url":null,"abstract":"Distributed Energy Resources (DER) participation in the conventional balancing market operated centrally by the Transmission System Operator (TSO) presents challenges such as neglecting the operational constraints of Distribution System Operators (DSO) and increased communication requirements from many small units. Participation of DER in a DSO-operated local balancing market can mitigate these challenges to some extent. However, in such a market model, if operated independently from the central balancing market, individual costs for the TSO and the DSO might be higher. Therefore, the coordination between the TSO and the DSO is important to ensure that the global cost to the system is minimized. Apart from the market design, there are other issues related to the participation of DER in balancing markets such as minimum bid size, which can be mitigated through the use of aggregators, and the imbalance settlement process, which involves penalizing or rewarding participants through various pricing mechanisms. This paper reviews most of the features necessary for a successful participation of DER in balancing markets, including different market architectures, the role of aggregators and pricing mechanisms in balancing markets.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133384928","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":"Vehicle- to- Everything (V2X): Benefits and Barriers","authors":"C. Corchero, M. Sanmartí","doi":"10.1109/EEM.2018.8469875","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469875","url":null,"abstract":"EVs have two fundamental characteristics that made them interesting for the power system: the ability to store energy and the ability to generate it. Vehicle-to-Everything (V2X) Technologies refers to the applications that electric vehicles batteries can support for other purposes than powering the vehicles. V2X technology has been analyzed from different points of view during last years, multiple international pilot projects has proved the economic and environmental advantages the technology can provide to end-users and electric power system, electric vehicle car industry and infrastructure stakeholders.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"2016 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133052139","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}
Antonio De Paola, D. Papadaskalopoulos, D. Angeli, G. Strbac
{"title":"A Game-Theoretic Modeling Approach for Merchant Transmission Planning","authors":"Antonio De Paola, D. Papadaskalopoulos, D. Angeli, G. Strbac","doi":"10.1109/EEM.2018.8469209","DOIUrl":"https://doi.org/10.1109/EEM.2018.8469209","url":null,"abstract":"Merchant transmission investments are regarded as a potential element of a fully liberalized electricity industry. However, the strategic interactions between a large number of merchant investors and the social efficiency of the emerging transmission planning outcome have not been satisfactorily investigated yet. In this context, this paper proposes a novel game-theoretic approach, modeling the competing investors as a continuum of players and characterizing the outcome of merchant transmission planning as a Nash equilibrium. This outcome is compared against the centralized planning solution in a number of case studies, under different assumptions. The presented results strongly suggest that the merchant planning paradigm is capable of maximizing social welfare only when fixed investment costs are neglected and the network is strictly radial. As these conditions do not generally hold in reality, these findings indicate the necessity of further studies and regulatory interventions for an efficient deployment of the merchant planning paradigm.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133276082","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":"Development of the Polish Power Exchange as a Management System in Terms of Control Theory and Systems Engineering","authors":"J. Tchórzewski, Radosław Marlęga","doi":"10.1109/EEM.2018.8470001","DOIUrl":"https://doi.org/10.1109/EEM.2018.8470001","url":null,"abstract":"The paper presents the results of research concerning the Polish Power Exchange as a management system, obtained using the data quoted on the Day-Ahead Market. As a result of identification, 24 arx discrete linear parametric models of MISO type were obtained (with 24 input quantities and single output quantities). Input quantities are the volume of electrical energy supplied and sold in each hour of the 24-hour day, and output quantities are average prices weighted by the volume of electrical energy obtained in each hour of the 24-hour day. These models were converted to continuous parametric models, and further into continuous models in the states space. The results of the discussion were also presented, including the interpretation of state variables, as well as the model's parameters and the conclusions together with directions for further research.","PeriodicalId":334674,"journal":{"name":"2018 15th International Conference on the European Energy Market (EEM)","volume":"310 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113982794","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}