NDLI: European Market Integration With Mixed Network Representation Schemes

Content Provider	IEEE Xplore Digital Library
Author	Biskas, P.N. Chatzigiannis, D.I. Dourbois, G.A. Bakirtzis, A.G.
Copyright Year	1969
Abstract	A centralized market-splitting algorithm is implemented in this paper in a Europe-wide level, comprising both power pools and Power Exchanges, with each local/national market respecting the standard constraints imposed by its own regulatory framework, including the full set of unit technical/commitment constraints and system operating constraints in power pools. In view of the forthcoming large-scale RES penetration, physical markets with unit-based offers (either pools or PXs) check the feasibility of the electricity market solution against their internal (intra-zonal) transmission network constraints, considering full network topology. This is accomplished through an iterative process, iterating between the overall optimization algorithm, and intra-zonal power flows of the countries/regions, which identify possible congestions and incorporate additional constraints in the central pan-European market-splitting problem. The iterative process terminates when all internal transmission constraints are satisfied. Locational marginal prices (LMPs) can be computed in the physical markets, whereas zonal/system marginal prices are computed in markets with portfolio-bidding schemes. The proposed algorithm is tested in terms of computational efficiency using the full UCTE network.
Sponsorship	IEEE Power Engineering Society
Starting Page	4957
Ending Page	4967
Page Count	11
File Size	2113692
File Format	PDF
ISSN	08858950
Volume Number	28
Issue Number	4
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-01-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Europe Power markets Couplings Security Network topology Load modeling power transfer distribution factors Internal electricity market market splitting mixed integer linear programming power exchange power pool
Content Type	Text
Resource Type	Article
Subject	Energy Engineering and Power Technology Electrical and Electronic Engineering

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3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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