Development of an Electric Energy Market Simulator

Author(s):  
Atif Debs ◽  
Charles Hansen ◽  
Yu-Chi Wu
Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 513
Author(s):  
Henryk Majchrzak ◽  
Michał Kozioł

The balancing of the power of the Polish Power System (KSE) is a key element in ensuring the safety of electric energy supplies to end users. This article presents an analysis of the power demand in power systems (PS), with emphasis on the typical power variability both in subsequent hours of the day and on particular days and in particular months each year. The methodology for calculating the costs of electric energy undelivered to the end users and the amount of these costs for KSE is presented. Different possibilities have been analyzed for balancing power systems’ peak load and assumptions have been formulated for calculating the amount of the related costs. On this basis, a comparative analysis has been made of the possibility to balance peak load using operators’ system services, trans-border connections, and various energy storage solutions. On the basis of the obtained results, optimal tools have been proposed for market-based influence from transmission and distribution system operators on energy market participants’ behaviors in order to ensure the power systems’ operating safety and continuous energy deliveries to end users.


Author(s):  
John C. Tysseling ◽  
Michael E. Crawford

From the 1994 CAIS Conference: The Information Industry in Transition McGill University, Montreal, Quebec. May 25 - 27, 1994.Advanced information systems requirements are identified to achieve energy market efficiencies sought by regulators and market participants. Natural gas and electric energy distribution systems dependencies on the increasingly complex integration of information relating to scheduling, dispatch and operations monitoring are discussed.


This research studies a general modeling to evaluate different scenarios of travel patterns and their impact on the daily cost negotiated in the Real Time and Day-Ahead market, using the GAMS methodology in a MILP model, evaluating also a characterization of the PQP market (price quantity probability). The purpose of this characterization is to determine the behavior of the electric energy market, considering also the deterioration of batteries and the negotiations of it in real time in situations of shortage and overload, optimizing in this way the effects of the analysis of the cost of the application of the battery on the different travel patterns, consequently triggering the emergence of the development of the local electric transport aggregator industry.


World Science ◽  
2020 ◽  
Vol 1 (2(54)) ◽  
pp. 4-10
Author(s):  
Rozen Viktor ◽  
Velykyi Serhii

The article discusses methods of regulating the power consumption regime of the schedule of the unified energy system of Ukraine, which can reduce the irregularity load schedule by using stimulating tariffs for electricity charges. A scheme of the equipment operation principle is shown, which can operate in a mode of consumer-power regulator according to the criterion of reducing electricity charges for industrial enterprises. The result of the energy reform in Ukraine led to the rejection of differentiated electricity tariffs, and the transition to market relations between enterprises that are consumers of electric energy and energy service companies that are responsible for working in the electric energy market. The objective of the article is to demonstrate the practical formation of prices for enterprises and the work of electricity suppliers, which boils down to the ongoing planning of hourly volumes for consumers of electricity and the timely purchase of the said volumes in different segments of the electricity market The aim of the article is to demonstrate the formation of prices for enterprises. The work of energy service companies, which consists in the constant planning of hourly volumes of consumers of electric energy and the timely purchase of these volumes in different segments of the electric energy market. The problem of this formation is that enterprises do not have an incentive to regulating the schedule of the unified energy system of Ukraine, as the new tariffs do not differ in terms of electricity consumption in intraday and а reducе in electricity consumption by the enterprise during peak hours. The authors propose measures that are aimed at solving this problem. The proposed measures are mainly aimed at changes in the day-ahead electricity market, which will entail changes in its other segments.


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