Parcourir par sujet "Generation units"
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Application of zonal pricing in Greece's electricity market
(2009)Greece's electricity market is divided in two zones, North and South, due to a generation-consumption system configuration that creates a significant transmission bottleneck from North to South. Clearly, a zonal pricing ... -
Energy-reserve markets with non-convexities: An empirical analysis
(2009)In this paper, we address the design of a joint energy - reserve electricity market with non-convexities which are due to the fixed costs and capacity constraints of the generation units. Motivated by the relevant literature ... -
Greek wholesale electricity market: Forthcoming market changes and bid/cost recovery
(2012)The Greek wholesale electricity market is based on a day-ahead unit commitment market clearing and generation dispatch formulation with co-optimization of energy and reserves without the participation of transmission. An ... -
Impact of emissions cost on the mid-term generation scheduling in the Greek Electricity Market
(2010)The EU Emissions Trading Scheme, Europe's main mechanism for implementing EU climate policy, is driving thermal electricity generation units to incorporate their emissions cost into their variable costs. In this paper, we ... -
A recovery mechanism with loss-related profits in a day-ahead electricity market with non-convexities
(2011)In wholesale electricity markets, unit commitment costs and capacity constraints create non-convexities which may bring about losses to some of the participating generation units. To keep the losing units in the market, a ... -
Recovery mechanisms in a joint energy/reserve day-ahead electricity market with non-convexities
(2010)The goal of this paper is to evaluate the incentive compatibility of several cost- and bid-based recovery mechanisms that may be implemented in a wholesale electricity market to make the generation units whole in the ... -
Revenue-adequate pricing mechanisms in non-convex electricity markets: A comparative study
(2014)Electricity market designs that allow multi-part bids and consider the technical characteristics of the generation units are characterized by non-convexities. Such market designs, when operated under marginal pricing, may ...