Procurement In The Electricity Sector

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Procurement In The Electricity Sector

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Author : Booz Allen Hamilton (Firm)
language : en
Publisher:
Release Date : 1988

Procurement In The Electricity Sector written by Booz Allen Hamilton (Firm) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 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.

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.

Robust Energy Procurement Of Large Electricity Consumers

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Author : Sayyad Nojavan
language : en
Publisher: Springer
Release Date : 2018-12-11

Robust Energy Procurement Of Large Electricity Consumers written by Sayyad Nojavan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-11 with Business & Economics categories.

This book identifies the challenges faced by large electricity consumers when they use several sources to procure their energy. The huge penetration of distributed energy resources and the intermittent nature of renewables can put the operations of the large electricity consumer at risk. The book discusses the different types of energy sources including the pool market, bilateral contracts, electrical vehicles, energy storage systems, and demand response programs in detail and presents solutions for robust and risk based scheduling. The author provides models for determining and considering uncertainties and optimal bidding strategies. The book is useful to engineers and students involved in the integration of various energy types as well as those working in state and federal governmental organizations who regulate different aspects of electricity market operation and planning. Presents solutions for robust and risk based scheduling; Discusses the operation and planning of energy storage systems; Presents the most-up-to-date technological approaches to energy integration.

New Nuclear Power Industry Procurement Markets

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Author : Ilchong Nam , Geoffrey Rothwell
language : en
Publisher: 길잡이미디어
Release Date : 2014-11-26

New Nuclear Power Industry Procurement Markets written by Ilchong Nam , Geoffrey Rothwell and has been published by 길잡이미디어 this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-26 with Nuclear energy categories.

Ensuring safety and efficiency of the procurement market for nuclear power generation has become one of the top priorities of the policy makers in Korea since the discovery of a large number of fraudulent parts and components used by nuclear power plants. This book analyzes the nuclear power industry procurement in Korea, France, and the UK. Although all three countries restructured their electricity industry, they differ substantially in the history of the nuclear power industry, ownership and governance of firms in the industry, and relevant legal infrastructure. The findings of this book will shed light on the factors that affect safety and efficiency in the nuclear power procurement markets and the right direction for reform.

Public Procurement Of Energy Efficiency Services

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Author : Jas Singh
language : en
Publisher: World Bank Publications
Release Date : 2009-12-17

Public Procurement Of Energy Efficiency Services written by Jas Singh 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 2009-12-17 with Business & Economics categories.

The current universal concerns about global energy security, competitiveness, and environmental protection make energy efficiency more important than ever. However, realizing large-scale savings has proven a significant challenge due to many barriers. 'Public Procurement of Energy Efficiency Services' looks at a largely untapped energy efficiency market the public sector. While the efficiency potential in this sector is substantial, the implementation of energy savings programs has been complicated by a number of factors, such as insufficient incentives to lower energy costs, rigid budgeting and procurement procedures, and limited access to financing. The book looks at energy savings performance contracts (ESPCs) as a means of overcoming some of these barriers. Because public facilities can outsource the full project cycle to a commercial service provider, ESPCs can enable public agencies to solicit technical solutions, mobilize commercial financing, and assign performance risk to third parties, allowing the agency to pay from a project s actual energy savings. The recommendations in this book stem from case studies that identified approaches, models, and specific solutions to ESPC procurement, including budgeting, energy audits, and bid evaluation. Such an approach also offers enormous potential to bundle, finance, and implement energy efficiency projects on a larger scale in the public sector, which can yield further economies of scale. ESPCs can also serve as an attractive element for fiscal stimulus packages and efforts by governments to 'green' their infrastructure, which can create local jobs, reduce future operating costs, and mitigate their carbon footprint. Lower energy bills, in turn, help to create fiscal space in future years to meet other critical investment priorities. Bundled public sector energy efficiency projects can help stimulate local markets for energy efficiency goods and services and 'lead by example', demonstrating good practices and providing models to the private sector.

Developing Transparent Efficient And Effective Procurement Processes For Power Infrastructure In Apec Member Economies

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Author : Norton Rose M5 Group
language : en
Publisher: Alexandra Point, Singapore : APEC Secretariat
Release Date : 1997

Developing Transparent Efficient And Effective Procurement Processes For Power Infrastructure In Apec Member Economies written by Norton Rose M5 Group and has been published by Alexandra Point, Singapore : APEC Secretariat this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Electric power categories.

The Perpetuation Of Formalistic Electricity Procurement Practices Amplifies The Security Threats Facing The Country And Undermines The Development Of The Electrical Energy Sector

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Author : Ion Muntean
language : en
Publisher:
Release Date : 2020

The Perpetuation Of Formalistic Electricity Procurement Practices Amplifies The Security Threats Facing The Country And Undermines The Development Of The Electrical Energy Sector written by Ion Muntean and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.

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.

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.