Grid-connected photovoltaic power plants: The effect on the electricity market equilibrium

2008 ◽  
Author(s):  
S. G. Petoussis ◽  
A. G. Petoussis ◽  
G. E. Georghiou ◽  
X.-P. Zhang ◽  
K. R. Godfrey
Keyword(s):  
Electricity Market ◽  
Power Plants ◽  
Market Equilibrium ◽  
Photovoltaic Power

Reliability Index of Wind-Solar Hybrid Power Plants using the Expected Energy Not Supplied Method

2019 ◽  
Vol 8 (4) ◽  
pp. 9449-9456
Keyword(s):  
Power Plant ◽  
Power Systems ◽  
Electricity Market ◽  
Reliability Index ◽  
Power Plants ◽  
Initial Conditions ◽  
Hybrid Plant ◽  
Total Power ◽  
Hybrid Power ◽  
Hybrid Power Plant

This paper proposes the reliability index of wind-solar hybrid power plants using the expected energy not supplied method. The location of this research is wind-solar hybrid power plants Pantai Baru, Bantul, Special Region of Yogyakarta, Indonesia. The method to determine the reliability of the power plant is the expected energy not supplied (EENS) method. This analysis used hybrid plant operational data in 2018. The results of the analysis have been done on the Pantai Baru hybrid power plant about reliability for electric power systems with EENS. The results of this study can be concluded that based on the load duration curve, loads have a load more than the operating kW of the system that is 99 kW. In contrast, the total power contained in the Pantai Baru hybrid power plant is 90 kW. This fact makes the system forced to release the load. The reliability index of the power system in the initial conditions, it produces an EENS value in 2018, resulting in a total value of 2,512% or 449 kW. The EENS value still does not meet the standards set by the National Electricity Market (NEM), which is <0.002% per year. Based on this data, it can be said that the reliability of the New Coast hybrid power generation system in 2018 is in the unreliable category.

scholarly journals Analyzing Trade in Continuous Intra-Day Electricity Market: An Agent-Based Modeling Approach

Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3860
Author(s):  
Priyanka Shinde ◽  
Ioannis Boukas ◽  
David Radu ◽  
Miguel Manuel de Manuel de Villena ◽  
Mikael Amelin
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Power Plants ◽  
Renewable Energy Sources ◽  
Thermal Power ◽  
Agent Based Modeling ◽  
Market Liquidity ◽  
Energy Sources ◽  
Modeling Framework ◽  
Agent Based

In recent years, the vast penetration of renewable energy sources has introduced a large degree of uncertainty into the power system, thus leading to increased trading activity in the continuous intra-day electricity market. In this paper, we propose an agent-based modeling framework to analyze the behavior and the interactions between renewable energy sources, consumers and thermal power plants in the European Continuous Intra-day (CID) market. Additionally, we propose a novel adaptive trading strategy that can be used by the agents that participate in CID market. The agents learn how to adapt their behavior according to the arrival of new information and how to react to changing market conditions by updating their willingness to trade. A comparative analysis was performed to study the behavior of agents when they adopt the proposed strategy as opposed to other benchmark strategies. The effects of unexpected outages and information asymmetry on the market evolution and the market liquidity were also investigated.

scholarly journals Identifiability Evaluation of Crucial Parameters for Grid Connected Photovoltaic Power Plants Design Optimization

IEEE Access ◽  
2021 ◽  
pp. 1-1
Author(s):  
Tekai Eddine Khalil Zidane ◽  
Mohd Rafi Adzman ◽  
Mohammad Faridun Naim Tajuddin ◽  
Samila Mat Zali ◽  
Ali Durusu ◽  
...  
Keyword(s):  
Design Optimization ◽  
Power Plants ◽  
Photovoltaic Power

scholarly journals Household electricity demand, the intrinsic flexibility index and UK wholesale electricity market prices

2020 ◽  
Author(s):  
Jacopo Torriti
Keyword(s):  
Electricity Market ◽  
Power Plants ◽  
Electricity Demand ◽  
Market Prices ◽  
Vast Number ◽  
Spot Prices ◽  
Time Use Survey ◽  
Wholesale Electricity Market ◽  
The Uk ◽  
Flexibility Index

AbstractDuring peak electricity demand periods, prices in wholesale markets can be up to nine times higher than during off-peak periods. This is because if a vast number of users is consuming electricity at the same time, power plants with higher greenhouse gas emissions and higher system costs are typically activated. In the UK, the residential sector is responsible for about one third of overall electricity demand and up to 60% of peak demand. This paper presents an analysis of the 2014–2015 Office for National Statistics National Time Use Survey with a view to derive an intrinsic flexibility index based on timing of residential electricity demand. It analyses how the intrinsic flexibility varies compared with wholesale electricity market prices. Findings show that spot prices and intrinsic flexibility to shift activities vary harmoniously throughout the day. Reflections are also drawn on the application of this research to work on demand side flexibility.

scholarly journals PV array and inverter optimum sizing for grid-connected photovoltaic power plants using optimization design

2021 ◽  
Vol 1878 (1) ◽  
pp. 012015
Author(s):  
T E K Zidane ◽  
S M Zali ◽  
M R Adzman ◽  
M F N Tajuddin ◽  
A Durusu
Keyword(s):  
Optimization Design ◽  
Power Plants ◽  
Pv Array ◽  
Photovoltaic Power

scholarly journals Decentralized Prosumer-Centric P2P Electricity Market Coordination with Grid Security

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4665
Author(s):  
Duarte Kazacos Winter ◽  
Rahul Khatri ◽  
Michael Schmidt
Keyword(s):  
Electricity Markets ◽  
Electricity Market ◽  
Power Flow ◽  
Power Plants ◽  
Optimal Power Flow ◽  
Free Market ◽  
Economic Value ◽  
New Paradigm ◽  
Grid Security ◽  
Virtual Power Plants

The increasing number of prosumers and the accompanying greater use of decentralised energy resources (DERs) bring new opportunities and challenges for the traditional electricity systems and the electricity markets. Microgrids, virtual power plants (VPPs), peer-to-peer (P2P) trading and federated power plants (FPPs) propose different schemes for prosumer coordination and have the potential of becoming the new paradigm of electricity market and power system operation. This paper proposes a P2P trading scheme for energy communities that negotiates power flows between participating prosumers with insufficient renewable power supply and prosumers with surplus supply in such a way that the community welfare is maximized while avoiding critical grid conditions. For this purpose, the proposed scheme is based on an Optimal Power Flow (OPF) problem with a Multi-Bilateral Economic Dispatch (MBED) formulation as an objective function. The solution is realized in a fully decentralized manner on the basis of the Relaxed Consensus + Innovations (RCI) algorithm. Network security is ensured by a tariff-based system organized by a network agent that makes use of product differentiation capabilities of the RCI algorithm. It is found that the proposed mechanism accurately finds and prevents hazardous network operations, such as over-voltage in grid buses, while successfully providing economic value to prosumers’ renewable generation within the scope of a P2P, free market.

scholarly journals Comparison of solar power measurements in alpine areas using a mobile dual-axis tracking system

2019 ◽  
Vol 2 (S1) ◽  
Author(s):  
Jelenko Karpić ◽  
Ekanki Sharma ◽  
Tamer Khatib ◽  
Wilfried Elmenreich
Keyword(s):  
High Altitude ◽  
Peak Power ◽  
Power Plants ◽  
Low Cost ◽  
Elevation Angle ◽  
Test Site ◽  
Maximum Power ◽  
Maximum Power Point ◽  
Photovoltaic Power ◽  
Power Point

Abstract The rising demand for sustainable energy requires to identify the sites for photovoltaic systems with the best performance. This paper tackles the question of feasibility of photovoltaic power plants at high altitude. A direct comparison between an alpine and an urban area site is conducted in the south of Austria. Two low-cost automatic photovoltaic power measurement devices with dual-axis sun tracking and maximum power point tracking are deployed at two test sites. The system periodically performs a scan over the southern semihemisphere and executes maximum power point adjustment in order to assess the performance for a given direction. The gathered data shows a higher photovoltaic power yield in the higher altitude test site. Furthermore, the high altitude photovoltaic power as a function of azimuth and elevation angle appears to be not only higher but also more flat than in lower altitudes. This indicates a lower power loss in case of deviation from the optimal solar angles. The results show that even on low-cost hardware a difference in photovoltaic power can be observed, even though in this experiment it amounts to less than 5% increase of peak power in higher altitudes. However, the measured peak powers on the mountain are more stable and therefore closer to a constant level than the heavily fluctuating peak power values at the low altitude site. Additionally, a slight shift in optimal elevation angles between altitudes can be observed, as the optimum angle turns out to be lower on the high altitude site. This angle shift could be caused by snow reflections on the mountainous test site.

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