Title :
Competitive electricity market schemes within smart grids framework
Author :
Vatu, Ramona ; Ceaki, Oana ; Golovanov, Nicolae ; Porumb, Radu ; Seritan, George
Author_Institution :
Electr. Power Eng. Dept., Univ. Politeh. of BucharestBucharest, Bucharest, Romania
Abstract :
The new paradigm in which the electric power systems are developing, defined as smart systems, have a great impact on the consumers. By adopting distributed generation in an increasing proportion, they are becoming prosumers. The electricity market is therefore undergoing a structural change, in need to address the requirements of the prosumers. The market must address a vast array of topics, ranging from the reliability of electricity transmission and distribution, all the way to energy efficiency. The efficiency of the power supplied by the renewable energy sources can be maximized when paired with an energy storage system. In this framework, current paper is addressing the issues of ancillary services. In the first section, a general analysis was performed, aimed at accurately identifying the current state-of-the art of electric market. An example was designed, starting from a real electric distribution system, in order to create an arrangement of possible issues and solutions for the prosumers which are to be connected to the future electricity market schemes.
Keywords :
distributed power generation; energy storage; power generation reliability; power markets; power transmission reliability; renewable energy sources; smart power grids; competitive electricity market; distributed generation; electric power systems; electricity distribution reliability; electricity transmission reliability; energy storage system; renewable energy sources; smart grids framework; Current; Electricity supply industry; Frequency control; Power supplies; Power system stability; Uninterruptible power systems; Voltage control; Ancillary services; distribution systems; electricity market; reliability; smart grid;
Conference_Titel :
Fundamentals of Electrical Engineering (ISFEE), 2014 International Symposium on
Print_ISBN :
978-1-4799-6820-6
DOI :
10.1109/ISFEE.2014.7050602