Total system planning by optimising customer actions in a deregulated power market

Author

Livik, Klaus ; Groenli, Helle ; Fretheim, Stig

Author_Institution

Electr. Power Res. Inst., Trondheim, Norway

fYear

1998

fDate

2-4 Mar 1998

Firstpage

327

Lastpage

331

Abstract

In order to create a win-win situation for all market participants it is of great importance to make total system planning based on completely new integrated principles. The paper will describe how a win-win situation can be encouraged in order to obtain an efficient and well-functioned market. The benefits will be quantified for network owner in particular, but the benefits of customers´ integrated market participation will be described for system operator, market operator and customer as well. The work of this paper is a part of the Norwegian research project MARCUS with the Norwegian Federation, The Norwegian Research Council and industrial companies as main participants

Keywords

electricity supply industry; marketing; power distribution economics; power distribution planning; MARCUS; Norwegian Federation; Norwegian Research Council; Norwegian research project; customer actions; deregulated power market; integrated market participation; market operator; network owner; system operator; total system planning; win-win situation; Costs; Councils; Electricity supply industry; Electricity supply industry deregulation; Energy consumption; Power distribution; Power markets; Power system control; Power system planning; Production;

fLanguage

English

Publisher

ieee

Conference_Titel

Devices, Circuits and Systems, 1998. Proceedings of the 1998 Second IEEE International Caracas Conference on

Conference_Location

Isla de Margarita

Print_ISBN

0-7803-4434-0

Type

conf

DOI

10.1109/ICCDCS.1998.705858

Filename

705858