Title :
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
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;
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
DOI :
10.1109/ICCDCS.1998.705858
