Market Design For The Procurement Of Reactive Power
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Market Design For The Procurement Of Reactive Power
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Author : Anna Pechan
language : en
Publisher:
Release Date : 2023
Market Design For The Procurement Of Reactive Power written by Anna Pechan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which will not be available in a carbon neutral energy system, reactive power will be sources from distributed assets in the electricity networks. The German regulator has proposed new rules for reactive power procurement, which are based on three pillars: The technical connection agreements, fully integrated network components owned by the network operators and market-based procurement. While this approach is primarily aiming at the reactive power demand on the transmission grid level, assets from the medium voltage grid can participate in this process as well. We evaluate this approach from an economic perspective and conclude that while such a three-pillar system can secure an effective provision of reactive power, the efficiency heavily depends on the regulatory system and that it provides the correct incentives for the network operator.
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitve Electricity Market
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Author : Kun Yang
language : en
Publisher:
Release Date : 2010
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitve Electricity Market written by Kun Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
A Procurement Market Model For Reactive Power In The Electricity Sector
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Author : Manoj Kumar Shukla
language : en
Publisher:
Release Date : 2013
A Procurement Market Model For Reactive Power In The Electricity Sector written by Manoj Kumar Shukla and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
This paper discusses various issues in reactive power management in deregulated electrical market. Reactive power procurement model is proposed which ensure secure and reliable operation of deregulated power system. A two-level framework for the operation of a competitive market for reactive power services is considered. It is argued that the first-level, i.e., reactive power procurement, be on a seasonal basis while the second level, i.e., reactive power dispatch, be close to real-time operation. This framework can be adopted for any type electricity market. It can be implemented in Indian restructuring electricity market in the near future.
Secure Provision Of Reactive Power Ancillary Services In Competitive Electricity Markets
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Author : Ismael El-Samahy
language : en
Publisher:
Release Date : 2008
Secure Provision Of Reactive Power Ancillary Services In Competitive Electricity Markets written by Ismael El-Samahy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Market Operation For Reactive Power Ancillary Service
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Author : Devika Jay
language : en
Publisher: Springer Nature
Release Date : 2024-01-03
Market Operation For Reactive Power Ancillary Service written by Devika Jay and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-03 with Technology & Engineering categories.
This book provides a framework suitable for the design and analysis of market mechanisms suitable for reactive power ancillary service. The book focuses on the formulation of market mechanisms capable of handling the localized nature of reactive power. The book presents tools and methodologies to design a suitable market structure capable of handling the technical challenges associated with the reactive power market like localized nature or reactive power, voltage support requirement, reactive power reserve requirement, and coupling between active reactive power markets. The book also presents techniques suitable for analyzing the market efficiency of different market mechanisms for reactive power ancillary service. The key topics discussed in this book include the relevance and challenges of reactive power ancillary service; the design of market mechanisms; network partitioning techniques to handle the localized nature of reactive power; and analysis of market mechanisms for market efficiency. This book is helpful for researchers and graduate students to know about recent advances in this area. Practitioners find the book helpful for understanding how technological advances can be put into practice and learning from case studies that bring out practical challenges.
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitive Electricy Market
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Author : Kun Yang
language : en
Publisher:
Release Date : 2010
Optimal Procurement And Pricing Of Reactive Power Ancillary Services In Competitive Electricy Market written by Kun Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Designing Competitive Electricity Markets
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Author : Hung-po Chao
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-01
Designing Competitive Electricity Markets written by Hung-po Chao and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-01 with Business & Economics categories.
The authors are prominent economists, operation researchers, and engineers who have been instrumental in the development of the conceptual framework for electric power restructuring both in the United States and in other countries. Rather than espousing a particular market design for the industry's future, each author focuses on an important issue or set of issues and tries to frame the questions for designing electricity markets using an international perspective. The book focuses on the economic and technical questions important in understanding the industry's long-term development rather than providing immediate answers for the current political debates on industry competition.
Design Of Ancillary Service Markets
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Author :
language : en
Publisher:
Release Date : 2001
Design Of Ancillary Service Markets written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Electricity Auctions
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Author : Luiz Maurer
language : en
Publisher: World Bank Publications
Release Date : 2011
Electricity Auctions written by Luiz Maurer 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 2011 with Business & Economics categories.
Virtually every country in the world faces the challenge of designing the regulatory and financial mechanisms that ensure cost-effective procurement of generation to supply electricity demand. Historically, procurement of generation has been particularly difficult in the emerging economies of Asia, Latin America and Africa. High and usually volatile load growth rates, limited access to financing and immature electricity markets have presented obstacles that have introduced challenges to the procurement process. More recently, environmental concerns regarding land use, impact on biodiversity, indigenous populations, and greenhouse gasses emissions have added layers of complexity. Over the last 7 years, auctions for long-term electricity contracts have been getting increased attention within the electricity sector community as thet have emerged as a successful mechanism to procure new generation capacity. Among the reasons for such widespread interest is the large amount of capacity that has been already contracted from diverse technologies (conventional generation, large hydroelectric plants, renewable), under a variety of innovative auction arrangements and mechanisms, sometimes with multiple buyers and sellers taking part in the process. Auctions have been attracting a broad range of investors, from large established companies to new local and foreign independent power producers, and first-time power system investors. This book presents a comprehensive overview of the international experience in electricity auctions, focusing on the procurement of long-term electricity contracts to foster new generation capacity. To this end, several relevant case studies were selected. While focus is given to emerging countries, insightful experiences from developed markets are reported as well. The book reveals the subtlety and complexity of trading and contracting for firm generation in the current power industry and the multiplicity of formats that the corresponding regulatory instruments may adopt. Lessons learned - both positive and negative - regarding policy formulation and implementation which should be of interest to policy makers, government authorities, regulators and power sector stakeholders.
Real And Reactive Power Allocations In Electricity Market
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Author : Yassir A. A. Alturki
language : en
Publisher:
Release Date : 2006
Real And Reactive Power Allocations In Electricity Market written by Yassir A. A. Alturki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.