Australia's National Electricity Market: Optimising Policy to Facilitate Demand-Side Response
نویسندگان
چکیده
منابع مشابه
Optimal Modelling for Decision Making of Electricity Retailer in Power Market Contracts by Considering Demand Side Management Programs
The growth and expansion of economic concepts in the power system is increasing in last years. Energy economists have considered the optimal decision-making of electricity market retailers in recent years. In this paper, a demand response program based model is pro-posed in order to make the optimal decision of the retailer in the electricity market, taking into account the different conditions...
متن کاملBidding Strategy in Demand Response Exchange Market
Demand response (DR) has many beneficiaries in the electricity market. There are independent players who are interested in DR, which include: transmission system owners, distributors, retailers, and aggregators. In this paper DR is introduced as a tradable commodity that can be exchanged between DR buyers and sellers in a pool-based market which is called demand response exchange (DRX). DRX ope...
متن کاملComparing flexibility options on the supply and demand side of the German electricity market
In order to exploit flexibilities on energy markets in the most profitable way, providers or aggregators need suitable techno-economic models. In this paper, we illustrate the potential role of operation research on this field by investigating whether optimization models can help to understand, predict and improve the participation of actors offering flexibility options in the electricity marke...
متن کاملIntegrated Demand and Supply Side Pricing Optimization Schemes for Electricity Market
It is widely agreed that an increased communication among different groups (generators, retailers and customers) in electricity market would produce benefit not only for a single group but also for the market as a whole. This paper investigates and develops integrated pricing optimization schemes and coordination mechanisms for the electricity market which considers the supply and demandwithin ...
متن کاملControlling market power and price spikes in electricity networks: Demand-side bidding.
In this article we report an experiment that examines how demand-side bidding can discipline generators in a market for electric power. First we develop a treatment without demand-side bidding; two large firms are allocated baseload and intermediate cost generators such that either firm might unilaterally withhold the capacity of its intermediate cost generators from the market to benefit from ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Australian Economic Review
سال: 2016
ISSN: 0004-9018
DOI: 10.1111/1467-8462.12151