Download or read book Zonal Pricing and Demand side Bidding in the Norwegian Electricity Market written by Tor Arnt Johnsen and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Norwegian Electricity Market written by Tor Arnt Johnsen and published by . This book was released on 2001 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Electricity Market Design Regional Electricity Market Design written by Lindboe, Hans Henrik and published by Nordic Council of Ministers. This book was released on 2016-10-24 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do current electricity market designs ensure a sufficient electricity supply at all times? This topic is currently the subject of intense debate across Europe, and several major countries such as Germany, the UK, France and Italy have decided that additional measures – so-called capacity remuneration mechanisms - are needed to supplement current market designs. This report describes and analyses the advantages and disadvantages of a range of measures proposed or currently implemented across Europe, and includes both best estimates of how the implementation of these measures will impact Nordic electricity prices as well as recommendations to the Nordic countries regarding a cost-efficient path to ensuring the Nordic security of supply.
Download or read book Capacity adequacy in the Nordic electricity market written by Nordic Council of Ministers and published by Nordic Council of Ministers. This book was released on 2015-08-26 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increasing share of intermittent renewable generation and reduced profitability of conventional power generation has led to a growing concern for capacity adequacy in the Nordic electricity market (Nord Pool market area). It does not make sense to assess capacity adequacy for each country separately in the Nord Pool market area as it is highly integrated in terms of both interconnector capacity and market integration. Capacity challenges are rarely isolated to one country or bidding zone. This report analyses what market solutions may be used to manage capacity adequacy in the Nord Pool market area, and how an efficient transition to adequate market solutions could be achieved. The main analysis reveals several measures that would strengthen price formation and cost recovery in the Nord Pool market area, although in general, the market is already highly liquid and well-functioning.
Download or read book Demand response in the Nordic electricity market written by THEMA Consulting Group and published by Nordic Council of Ministers. This book was released on 2014-09-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report provides input to a Nordic strategy on how to address consumer flexibility in a cost-efficient manner. The main recommendation is to focus on increased market efficiency in general and not promote specific measures on the demand side unless market failures are identified. Even so, it’s recommended that standard data formats on price signals to small consumers should be further assessed.
Download or read book A Nodal Pricing Model for the Nordic Electricity Market written by Endre Bjorndal and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Nordic day-ahead electricity market zonal pricing or market splitting is used for relieving congestion between a predetermined set of bidding areas. This congestion management method represents an aggregation of individual connection points into bidding areas, and flows from the actual electricity network are only partly represented in the market clearing. Because of several strained situations in the power system during 2009 and 2010, changes in the congestion management method have been considered by the Norwegian regulator. In this paper we discuss nodal pricing in the Nordic power market, and compare it to optimal and simplified zonal pricing, the latter being used in today's market. A model of the Nordic electricity market is presented together with a discussion of the calibration of actual market data for four hourly case studies with different load and import/exports to the Nordic area. The market clearing optimization model incorporates thermal and security flow constraints. We analyze the effects on prices and grid constraints and quantify the benefits and inefficiencies of the different methods. We find that the price changes with nodal pricing may not be dramatic, although in cases where intra-zonal constraints are badly represented by the aggregate transfer capacities in the simplified zonal model the nodal prices may be considerably higher on average and vary more than the simplified zonal prices. On the other hand nodal prices may vary less than the simplified zonal prices if aggregate transfer capacities are set too tightly. Allowing for more prices in the Nordic power market would make dealing with capacity limits easier and more transparent.
Download or read book Stochastic Programming written by Horand Gassmann and published by World Scientific. This book was released on 2013 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows the breadth and depth of stochastic programming applications. All the papers presented here involve optimization over the scenarios that represent possible future outcomes of the uncertainty problems. The applications, which were presented at the 12th International Conference on Stochastic Programming held in Halifax, Nova Scotia in August 2010, span the rich field of uses of these models. The finance papers discuss such diverse problems as longevity risk management of individual investors, personal financial planning, intertemporal surplus management, asset management with benchmarks, dynamic portfolio management, fixed income immunization and racetrack betting. The production and logistics papers discuss natural gas infrastructure design, farming Atlantic salmon, prevention of nuclear smuggling and sawmill planning. The energy papers involve electricity production planning, hydroelectric reservoir operations and power generation planning for liquid natural gas plants. Finally, two telecommunication papers discuss mobile network design and frequency assignment problems.
Download or read book Analysis of Supply and Demand of Electricity in the Norwegian Economy written by Olav Bjerkholt and published by . This book was released on 1983 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Market Mechanism and Market Participants Bidding Behaviors in Electricity Market written by Ning Zhang and published by . This book was released on 2005 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Integrated Demand and Supply Side Management and Smart Pricing for Electricity Market written by Zixu Liu and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings of the 7th International Conference on Advances in Energy Research written by Manaswita Bose and published by Springer Nature. This book was released on 2020-10-17 with total page 1639 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents selected papers from the 7th International Conference on Advances in Energy Research (ICAER 2019), providing a comprehensive coverage encompassing all fields and aspects of energy in terms of generation, storage, and distribution. Themes such as optimization of energy systems, energy efficiency, economics, management, and policy, and the interlinkages between energy and environment are included. The contents of this book will be of use to researchers and policy makers alike.
Download or read book The Energy Journal written by and published by . This book was released on 2001 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Peak Price Hours in the Nordic Power Market Winter 2009 2010 written by Victoria Gribkovskaia and published by . This book was released on 2015 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nordic electricity market experienced extremely high prices during the Winter 2009/2010. Using real data from the peak price hours the zonal solution from the Nordic market is replicated and compared to the nodal price solution when the central grid and its physical characteristics are explicitly modelled. Demand elasticity is introduced to the bid curves and its effect on prices and network utilisation is studied for the nodal solution. The sensitivity of the zonal solution to the changes in aggregate transfer capacities is investigated. The results demonstrate that better system utilisation is possible without capacity expansion. Nodal pricing solutions compared to the actual zonal pricing mechanism give insights into how the system functions in strained capacity situations and what hinders a more efficient system utilisation.
Download or read book Capacity Mechanisms in the EU Energy Market written by Leigh Hancher and published by Oxford University Press. This book was released on 2015-09-24 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.
Download or read book OECD Journal of Competition Law and Policy written by Organisation for Economic Co-operation and Development and published by . This book was released on 2004 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Auctions written by Luiz Maurer and published by World Bank Publications. This book was released on 2011-07-25 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity-contract auctions have been getting increased attention as they have emerged as a successful mechanism to procure new generation capacity and. This book presents a comprehensive overview of international experiences in auction design and implementation.
Download or read book Diagnosing Market Power in Chile s Electricity Industry written by Soledad Arellano and published by . This book was released on 2002 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
