کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
704890 | 1644970 | 2013 | 13 صفحه PDF | دانلود رایگان |
• Volume-based market coupling between a power exchange (PX) and a power pool.
• Single, centralized market splitting approach.
• Comparison in terms of pricing, overall social welfare and computational time.
• The centralized approach is more efficient in all aspects.
• Each market could retain its national rules/mechanisms in the EU market integration.
The integration of the spot electricity markets in Europe shall lead to multi-area power exchanges that will substitute the local markets. In view of the “target model” that will be enforced in all European markets and the forthcoming coupling/integration of the Greek with the Italian electricity market, a volume-based market coupling between a power exchange (PX) and a power pool is implemented in this paper. The pros and cons of this approach are quantified, and the attained results are compared with the results of a single market splitting approach, in terms of pricing, overall social welfare and computational time.
Journal: Electric Power Systems Research - Volume 104, November 2013, Pages 116–128