Title :
Hourly Price Forward Curve calculation for market coupling
Author :
Adam, A. ; Hildmann, Marcus ; Andersson, Goran
Author_Institution :
TSO Markets Dev., Swissgrid AG, Switzerland
Abstract :
In this paper we propose an algorithm to calculate the Hourly Price Forward Curve (HPFC) under market coupling conditions. The algorithm uses the supply and demand curves, transfer capacity, weather and seasonal indicators to calculate the HPFC based on the Market Coupling (MC) algorithm using implicit capacity auctions.
Keywords :
demand side management; power markets; supply and demand; HPFC; MC algorithm; energy markets; hourly price forward curve calculation; market coupling conditions; seasonal indicators; supply-and-demand curves; weather indicators; Contracts; Couplings; Electricity; Europe; Meteorology; Power systems; Renewable energy sources;
Conference_Titel :
PES General Meeting | Conference & Exposition, 2014 IEEE
Conference_Location :
National Harbor, MD
DOI :
10.1109/PESGM.2014.6938905
