학술논문

Reliability and efficiency at global level in power systems
Document Type
Conference
Source
2013 10th International Conference on the European Energy Market (EEM) European Energy Market (EEM), 2013 10th International Conference on the. :1-8 May, 2013
Subject
Power, Energy and Industry Applications
Real-time systems
Uncertainty
Reliability
Power system reliability
Correlation
Production
Power system
ancillary services
network constraints
reliability
efficiency
Language
ISSN
2165-4077
2165-4093
Abstract
In EU project E-Price it is proposed to attribute reliability to the Transmission System Operator (TSO) and the drive for efficiency to the Balance Responsible Parties (BRP). Two main ideas are proposed. The first idea is to make BRPs themselves responsible for estimating their uncertainty in real time and hedge their imbalance risks, yielding the proposal to introduce dual-sided markets for ancillary services. The second idea is to reduce the conservatism in exploiting the inter-area transmission capacity (ATC), while still guaranteeing sufficient degrees of reliability. This paper explains, elucidates and concludes, based on qualitative arguments and supported by quantitative simulations and calculations, that both proposals are beneficial to improve the stated compromise between reliability and economy.