Title :
Impact of advanced technologies on the Italian electricity market
Author :
Dicorato, M. ; Minoia, A. ; Sbrizzai, R. ; Trovato, M.
Author_Institution :
Dipt. di Elettrotecnica ed Elettronica, Politecnico di Bari, Italy
Abstract :
In this paper, the impact of the adoption of combined-cycle gas-turbine (CCGT) power generation on the Italian energy market is assessed. The study is developed by using the data on new CCGT installations foreseen by the Italian system operator (Gestore della Rete di Trasmissione Nazionale, GRTN). The generation companies (GenCos) participate to the market with their conventional and/or CCGT power plants, through an incremental cost based-supply bid for every generating unit. The CC power plant incremental costs are evaluated and implemented in a market model representing the day ahead energy market (DAEM) structure, as stated by regulator, in order to assess energy price and dispatched power. In particular, the simulation tool is able to maximize the social welfare with a double side multistage bid structure.
Keywords :
combined cycle power stations; electricity supply industry; power generation dispatch; power markets; power system simulation; pricing; CCGT installations; Italian electricity market; Italian system operator; combined-cycle gas-turbine; day ahead energy market; double side multistage bid structure; electric power generation; energy price; generation companies; incremental cost based-supply; market clearing price; market model; power dispatching; simulation tool; zonal pricing; Costs; Electricity supply industry; Marketing and sales; Power generation; Power markets; Power system modeling; Pricing; Regulators; Scheduling; Turbines;
Conference_Titel :
Power Tech Conference Proceedings, 2003 IEEE Bologna
Print_ISBN :
0-7803-7967-5
DOI :
10.1109/PTC.2003.1304781
