• DocumentCode
    1837502
  • Title

    Modeling of generation and supply competitiveness in regional cross-border electricity trading

  • Author

    Androcec, I. ; Jakasa, T. ; Krajcar, S.

  • Author_Institution
    Strategy, Investment Planning & Corporative Dev. Dept., Hrvatska Elektroprivreda d.d., Zagreb, Croatia
  • fYear
    2010
  • fDate
    23-25 June 2010
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    In the paper, it is shown how is electricity trading (including congestion) influence on market participants in each area. Market participants we focus here are generators (traders) and suppliers (customers). It is shown three examples (models) with four connected areas (regional market), where this benefits and losses for the involved parties are presented - impact on competitiveness. Four area example is shown on 11 node model in MATLAB where we use AC optimal power flow. The same 11 node model is shown also in EMCAS where we use DC optimal power flow and emphasize is on strategic bidding (marginal cost bidding, physical withholding, economic withholding). The last model is four area example in MASI based on DC optimal power flow where we show competitiveness of generators and suppliers in short term trading. Comparision of this three models are made where positive and negative sides are explained.
  • Keywords
    costing; power markets; power system economics; EMCAS; MATLAB; cross-border; economic withholding; electricity trading; marginal cost bidding; market participants; optimal power flow; physical withholding; strategic bidding; supply competitiveness; Companies; MATLAB; Mathematical model; competitiveness; cross border trading; electricity market; generators; modeling; power system economics; risk management; suppliers;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Energy Market (EEM), 2010 7th International Conference on the European
  • Conference_Location
    Madrid
  • Print_ISBN
    978-1-4244-6838-6
  • Type

    conf

  • DOI
    10.1109/EEM.2010.5558700
  • Filename
    5558700