• DocumentCode
    1719359
  • Title

    New offer structure for a co-optimized day-ahead electricity market

  • Author

    Polgari, Beata ; Sores, Peter ; Divenyi, Daniel ; Sleisz, Adam ; Raisz, David

  • Author_Institution
    Dept. of Electr. Power Eng., Budapest Univ. of Technol. & Econ., Budapest, Hungary
  • fYear
    2015
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    The topic of this paper is the introduction of a new offer structure type for a co-optimized day-ahead energy market. Co-optimization refers to that energy and reserve are procured simultaneously in the same algorithm. This algorithm can comply with the EUPHEMIA, the algorithm developed for the all-European market coupling. The paper discusses the required supplements and describes the bidding method with the newly introduced offer structure.
  • Keywords
    optimisation; power markets; co-optimized day-ahead electricity market; energy market; Contracts; Couplings; Electricity supply industry; Europe; Power generation; Resource management; EUPHEMIA; PCR; electricity market; energy-reserve co-optimization; market design; power exchange; reserve market;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    European Energy Market (EEM), 2015 12th International Conference on the
  • Conference_Location
    Lisbon
  • Type

    conf

  • DOI
    10.1109/EEM.2015.7216668
  • Filename
    7216668
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1719359