Title :
Regional power trade modeling
Author_Institution :
Dept. of Power Syst., Obuda Univ., Budapest, Hungary
Abstract :
A model is under development for the simulation of Central-European electricity market forecast for the next 5-10-15 years. Taking into account the different development scenarios and the bottle necks, we investigate the compensation flows in the coupled markets and the price trends. A large data set was collected from international forecasts. Based on these data generation capacities and prices, consumer prices, sensibilities, border crossing capacities were mapped into functions of time. The topology of the control areas of the CE region is also mapped in matrix formulation. The engine of the simulator is the Matlab environment with the optimization toolbox.
Keywords :
economic forecasting; optimisation; power markets; power system simulation; Central European electricity market forecast; border crossing capacity; consumer price; data generation capacity; international forecasts; matrix formulation; optimization toolbox; price trends; regional power trade modeling; Correlation; Load modeling; Optimization; Predictive models; Production; Resource management; Topology; Border crossing tarification; Power demand forecast; Power system simulation; Price forecast;
Conference_Titel :
Intelligent System Application to Power Systems (ISAP), 2011 16th International Conference on
Conference_Location :
Hersonissos
Print_ISBN :
978-1-4577-0807-7
Electronic_ISBN :
978-1-4577-0808-4
DOI :
10.1109/ISAP.2011.6082184
