IMITATION MODELING OF THE BALANCING ELECTRICITY MARKET FUNCTIONING TAKING INTO ACCOUNT SYSTEM CONSTRAINTS ON THE PARAMETERS OF THE IPS OF UKRAINE MODE

2017 ◽  
Vol 2017 (6) ◽  
pp. 72-79 ◽  
Author(s):  
I.V. Blinov ◽  
◽  
Ye.V. Parus ◽  
H.A. Ivanov ◽  
◽  
...  
Keyword(s):  
Electricity Market ◽  
Imitation Modeling ◽  
Account System

Probabilistic Supply and Demand Balance Control Method based on Electricity Market Mechanism Considering N-1 Criterion

2021 ◽  
Vol 141 (1) ◽  
pp. 1-12
Author(s):  
Akira Koide ◽  
Takao Tsuji ◽  
Kazuyuki Tanaka ◽  
Hitoshi Sugimoto
Keyword(s):  
Electricity Market ◽  
Control Method ◽  
Balance Control ◽  
Supply And Demand ◽  
Market Mechanism

Designing the Electricity Market with Energy Storage Devices

2020 ◽  
Vol 12 (12) ◽  
pp. 31-43
Author(s):  
Tatiana A. VASKOVSKAYA ◽  
◽  
Boris A. KLUS ◽  
Keyword(s):  
Energy Storage ◽  
Electricity Market ◽  
Power Flow ◽  
Optimal Power Flow ◽  
Storage Systems ◽  
Energy System ◽  
Energy Storage Systems ◽  
Storage Model ◽  
Optimal Power ◽  
Wide Range

The development of energy storage systems allows us to consider their usage for load profile leveling during operational planning on electricity markets. The paper proposes and analyses an application of an energy storage model to the electricity market in Russia with the focus on the day ahead market. We consider bidding, energy storage constraints for an optimal power flow problem, and locational marginal pricing. We show that the largest effect for the market and for the energy storage system would be gained by integration of the energy storage model into the market’s optimization models. The proposed theory has been tested on the optimal power flow model of the day ahead market in Russia of 10000-node Unified Energy System. It is shown that energy storage systems are in demand with a wide range of efficiencies and cycle costs.

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