A Harmonized European Electricity Balancing Market Incorporation Of Congestion Management Into Cross Border Reserve Procurement
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A Harmonized European Electricity Balancing Market Incorporation Of Congestion Management Into Cross Border Reserve Procurement
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Author : Pavlina Popova
language : de
Publisher: GRIN Verlag
Release Date : 2017-06-19
A Harmonized European Electricity Balancing Market Incorporation Of Congestion Management Into Cross Border Reserve Procurement written by Pavlina Popova and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-19 with Business & Economics categories.
Masterarbeit aus dem Jahr 2017 im Fachbereich VWL - Sonstiges, Note: 1,7, Humboldt-Universität zu Berlin (Chair for Management Science), Sprache: Deutsch, Abstract: The thesis is structured as follows. Section 2 gives an overview of the current electricity market design and Section 3 integrates the balancing market in the framework and presents the economical and technical conditions, including the relevant design variables. Section 4 describes the benefits from cross-border coordination in reserve markets and introduces possible integration models. Within Section 5, model requirements are formulated and one suitable model is selected. Section 6 presents the selected methodology and Section 7 gives the obtained case study. Section 8 evaluates the model and discusses the proposed expansion involving the flow-based approach. Lastly, Section 9 concludes and gives further research prospects. European electricity markets have changed profoundly in the last decades. In national markets increased deregulation and privatization have accompanied the decoupling of transmission, distribution and generation activities. Simultaneously, markets in Europe are becoming more interconnected and harmonized. Until now, the focus was primarily set on the harmonization and integration of spot and forward markets. Nonetheless, the short-term regulation of flexible short-term operating reserves within the balancing market is gaining attention in academia and industry, especially due to the increased penetration of intermitted renewables, which leads to more short-term deviation in the power grid and hence to operational uncertainty. Corresponding to the zonal nature of the European power market, today’s operating reserve markets are mainly organized on a national level. Within a European cross-border balancing market, however, Transmission System Operators could coordinate their balancing activities with other control areas. Such cross-border balancing markets increase social welfare and operational reliability, since the amount of reserves required could be decreased through spatial smoothing of imbalances and the costs of reserve procurement and activation can be reduced. Nevertheless, cross-border reserve markets are constrained by the available cross-border transmission capacity. Therefore, a challenging issue is to account properly for network constraints, especially within the procurement of reserves, which happens before real-time and under uncertainty as neither the remaining cross-border capacity nor the activation status of the procured reserves is known.
Handbook On Electricity Markets
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Author : Glachant, Jean-Michel
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-11-12
Handbook On Electricity Markets written by Glachant, Jean-Michel and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-12 with Business & Economics categories.
With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.
The Evolution Of Electricity Markets In Europe
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Author : Leonardo Meeus
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-11-27
The Evolution Of Electricity Markets In Europe written by Leonardo Meeus and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-27 with Business & Economics categories.
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.
Electricity Network Regulation In The Eu
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Author : Leonardo Meeus
language : en
Publisher: Edward Elgar Publishing
Release Date :
Electricity Network Regulation In The Eu written by Leonardo Meeus and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book shows that since 2010 the whole context has changed and regulation has had to catch-up and evolve. The EU is entering a wave of investment, and an era of new services and innovation which has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitzation, new market platforms and novel business models.
China S Energy Revolution In The Context Of The Global Energy Transition
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Author : Shell International B.V.
language : en
Publisher: Springer Nature
Release Date : 2020-05-29
China S Energy Revolution In The Context Of The Global Energy Transition written by Shell International B.V. and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Science categories.
This open access book is an encyclopaedic analysis of the current and future energy system of the world’s most populous country and second biggest economy. What happens in China impacts the planet. In the past 40 years China has achieved one of the most remarkable economic growth rates in history. Its GDP has risen by a factor of 65, enabling 850,000 people to rise out of poverty. Growth on this scale comes with consequences. China is the world’s biggest consumer of primary energy and the world’s biggest emitter of CO2 emissions. Creating a prosperous and harmonious society that delivers economic growth and a high quality of life for all will require radical change in the energy sector, and a rewiring of the economy more widely. In China’s Energy Revolution in the Context of the Global Energy Transition, a team of researchers from the Development Research Center of the State Council of China and Shell International examine how China can revolutionise its supply and use of energy. They examine the entire energy system: coal, oil, gas, nuclear, renewables and new energies in production, conversion, distribution and consumption. They compare China with case studies and lessons learned in other countries. They ask which technology, policy and market mechanisms are required to support the change and they explore how international cooperation can smooth the way to an energy revolution in China and across the world. And, they create and compare scenarios on possible pathways to a future energy system that is low-carbon, affordable, secure and reliable.
Power System Economics
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Author : Ivar Wangensteen
language : en
Publisher: Akademika Pub
Release Date : 2011-12-31
Power System Economics written by Ivar Wangensteen and has been published by Akademika Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-31 with Business & Economics categories.
This book is written as a textbook for students of engineering at the Norwegian University of Science and Technology (NTNU). It is designed for the Power Markets course which is part of the Energy and environment masters programme and the recently established international MSc programme in Electric Power Engineering. As the title indicates, it deals with both power system economics in general and the practical implementation and experience from the Nordic market. Some of the subjects covered: Restructuring/deregulation of the power supply system; Grid access including tariffs and congestion management; Generation planning; Market modelling; Ancillary services; Regulation of grid monopolies. Although it is written primarily as a textbook for students, readers outside the universities may also find the book interesting. It deals with problems that have been subject of considerable attention in the power sector for some years and it addresses issues that are still relevant and important.
Border Management Modernization
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Author : Gerard McLinden
language : en
Publisher: World Bank Publications
Release Date : 2010-11-30
Border Management Modernization written by Gerard McLinden and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-30 with Social Science categories.
Border clearance processes by customs and other agencies are among the most important and problematic links in the global supply chain. Delays and costs at the border undermine a country’s competitiveness, either by taxing imported inputs with deadweight inefficiencies or by adding costs and reducing the competitiveness of exports. This book provides a practical guide to assist policy makers, administrators, and border management professionals with information and advice on how to improve border management systems, procedures, and institutions.
Managing Elevated Risk
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Author : Iwan J. Azis
language : en
Publisher: Springer
Release Date : 2014-12-11
Managing Elevated Risk written by Iwan J. Azis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-11 with Business & Economics categories.
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy measures to minimize the emergent risks. "Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy—An Asian Perspective" also explores the range of policy options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions including income inequality. The book is primarily aimed at policy makers, financial market regulators and supervisory agencies to help them improve national regulatory systems and to promote harmonization of national regulations and practices in line with global standards. Scholars and researchers will also gain important information and knowledge about the overall impacts of changing global liquidity from the book.
Building Competitive Gas Markets In The Eu
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Author : Jean-Michel Glachant
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Building Competitive Gas Markets In The Eu written by Jean-Michel Glachant and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.
Competition And Choice In Electricity
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Author : Sally Hunt
language : en
Publisher: Wiley
Release Date : 1997-11-04
Competition And Choice In Electricity written by Sally Hunt and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-04 with Business & Economics categories.
Recent developments in the electricity sector, including the recent privatization in the UK, have inspired utility planners and regulators around the world to rethink the dundamental structure of their utility industries. This is the first authoritative study of these widespread changes and their potential impact on the electricity sector.