Scarcity pricing and the missing European market for real-time reserve capacity
نویسندگان
چکیده
منابع مشابه
Pricing the Ramping Reserve and Capacity Reserve in Real Time Markets
The increasing penetration of renewable energy in recent years has led to more uncertainties in power systems. In order to maintain system reliability and security, electricity market operators need to keep certain reserves in the SecurityConstrained Economic Dispatch (SCED) problems. A new concept, deliverable generation ramping reserve, is proposed in this paper. The prices of generation ramp...
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It is well known that given a network that can become constrained on voltage or real power flows, reserves must also be spatially located in order to handle all credible contingencies. However, to date, there is no credible science-based method for assigning and pricing reserves in this way. Presented in this paper is a new scheduling algorithm incorporating constraints imposed by grid security...
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ژورنال
عنوان ژورنال: The Electricity Journal
سال: 2020
ISSN: 1040-6190
DOI: 10.1016/j.tej.2020.106863